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We asked @jadler0 how he responds to @RyanSAdams' take on proof of governance restricting monetary premium.
"You could argue monetary premium is a meme, just like economic security was a meme."
"Bitcoin exceptionalism definitely is a meme, but in the good way."
"Bitcoin has proven that it is exceptional and does have a monetary premium despite not having good properties."
"The difference between Ethereum and consortium chains, it's around the social consensus of what is the chain."

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If you do this to your L1 network you are no longer in the non-sovereign store of value game.
And if you can do this to you network you probably never were.
There are two horses in the race non-sovereign store of value race.
BTC and ETH.

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