I do not say that do not apply. I am just saying it is too soon to know. There is no evidence that it will work as there is no evidence for the opposite.
The evidence you are showing, really means nothing for the crypto system’s applicability.
If you want to trully compare these systems go find the values of the spreads when dollar or GBP was 10 years old.
In order to compare two systems you have to obtain comparable data.
You cannot compare an economy as it is today with iteself at its beginnings. The inputs are different. And for the crypto system we do not even know the output.
You really cannot tell that a theory which applies to conventional economy, would apply to crypto too just because. You dont know it. You cannot compare it. There is no evidence to support it.
And really you cannot find an article (anyone nowadays can find whatever evidence he needs to be an expert) and say “this is my evidence, show me yours”. This is not evidence! This is nothing!
And also how can you ask for evidence from something new. There is none…yet.
Give crypto the time to create its data and then ask for your evidence…
Anyway, you have the right to believe to whatever “evidences” you want.
I believe that it is too soon to sit down and deal with this.
I wont argue anymore. All in all It is community’s decision, they can vote and change everything if they want.