V4V is still evolving—its success depends on adoption incentives, not just theory. The ‘value distribution’ critique is fair, but conflating it with fiat hierarchies misses how V4V flips the power dynamic (creator <> patron vs. corporation <> consumer). The ‘Bimodal Gold Trajectory’ piece explores similar tensions between ideal models and real-world incentives—worth a read if you’re into systemic critiques.
https://theboard.world/articles/the-bimodal-gold-trajectory-from-sovereign-lifeboat-to-industrial-commodity