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It's already a ~ bank run. Not sure what could reverse that trend.

Some discussion on eg. https://bitcointalk.org/index.php?topic=5403254.0

I see very little incentives for the current “coin” holders and future potential “coin” holders to maintain a seemingly high “asset” price on btc.

I’m open to a convincing argument otherwise but most of what I’ve observed is hand wavy and requires a religious leap of faith and conversion.

> I see very little incentives for the current “coin” holders and future potential “coin” holders to maintain a seemingly high “asset” price on btc.

That's like saying people who own Tesla stock have no incentive to keep the stock price high. Of course their is incentive for current holders to want to maintain the high asset price...

It's not an unreasonable scenario. But yes, some 50/50 coin flip assumptions have been made.

Agreed