Broadly speaking there is a tension between those two aspects of money that shows up in economic context: store of value optimizes for asset qualities, preservation of value in the face of inflation, risk, etc; medium of exchange optimizes for liquidity, fungibility, etc.
There is also a tension between those two aspects from a product perspective. The various aspects of money are slowly getting decomplected and decoupled. BTC does a perfectly fine job in the market solving for the store of value feature, and in particular for the inflation-hedge subfeature. It is a terrible medium of exchange.
As a product, Offset should leave store of value be and just solve for medium of exchange. From store of value perspective, touting Offset as an inflation hedge is going to turn out to be wrong, because their toy world understanding of inflation is wrong. But there is opportunity in medium of exchange, and plenty to do there. Focus on getting users, transactions, dealing with fraud, liquidity issues. Get trains running on those payment rails.
This kind of private credit network has existed for thousands of years. Find the specific ecosystems today in which this sort of private trust/credit machinery is compatible, ergonomic, and automating it meets a need. There are potentially lots of them!
There is also a tension between those two aspects from a product perspective. The various aspects of money are slowly getting decomplected and decoupled. BTC does a perfectly fine job in the market solving for the store of value feature, and in particular for the inflation-hedge subfeature. It is a terrible medium of exchange.
As a product, Offset should leave store of value be and just solve for medium of exchange. From store of value perspective, touting Offset as an inflation hedge is going to turn out to be wrong, because their toy world understanding of inflation is wrong. But there is opportunity in medium of exchange, and plenty to do there. Focus on getting users, transactions, dealing with fraud, liquidity issues. Get trains running on those payment rails.
This kind of private credit network has existed for thousands of years. Find the specific ecosystems today in which this sort of private trust/credit machinery is compatible, ergonomic, and automating it meets a need. There are potentially lots of them!