wonderful. so we (you) have concluded that a rise in the price of scBTC relative to BTC AND a movement of significant #'s of BTC into scBTC would be validation that a SC is working.
so, remember that the working example here is one where we have a Bitcoin fork plus perfect anonymity added on top as an innovation. i believe the vast majority of BTC holders value anonymity. therefore perfect anonymity should be better than pseudonymity.
since that's the case, why wouldn't you then move ALL your BTC into scBTC?
@cypherdoc
1. b/c if you are holder then your anonymity is not compromised in any of chains. (if you are not making transactions only holding coins then this SC is risk for you. You will use SC when you will want move your coins with anonymity)
2. BTC and scBTC will 1:1 forever in case SC will not fail.
3. SC is like an application, for example Distributed exchange, or fast transacting network or Mixer. If you do not want to trade, or buy/sell or mix-coin then you only take risk of holding coins in this application while do not use advantages of SC. SC will not be more valuable with holders -> SC is valuable b/s making transaction is faster/invisible/cheaper/...