According to @kwok_phil, Bitcoin was designed as peer-to-peer electronic money but has not achieved that role to date, highlighting a live adoption debate relevant to positioning in BTC versus payments-focused crypto assets, source: @kwok_phil (Twitter, Aug 11, 2025). According to @kwok_phil, this viewpoint serves as a sentiment data point for traders weighing the medium-of-exchange use case against store-of-value narratives when assessing exposure and timing in BTC and payment-oriented coins, source: @kwok_phil (Twitter, Aug 11, 2025). According to @kwok_phil, traders can respond by closely tracking market reaction specific to peer-to-peer payments narratives—such as shifts in spot and derivatives volumes, funding, and social discussion around BTC and rival payment assets—to gauge near-term rotation risk, source: @kwok_phil (Twitter, Aug 11, 2025).

According to @alice_und_bob, ETH is heavily used in on-chain economic activity, supporting its roles as medium of exchange, unit of account, and store of value, highlighting real transactional demand for ETH that traders track through network usage signals, source: @alice_und_bob on X, Aug 9, 2025. The author also questions the sustainability of ETH continuing to fulfill these monetary functions, underscoring a key consideration for market participants evaluating Ethereum’s demand dynamics, source: @alice_und_bob on X, Aug 9, 2025.