TBCT is designed to be the most decentralized and secure store of value in crypto, making it the star candidate for long term investments. While Bitcoin is the first and foremost king of this use case, the crown is shared with cryptos that have intrinsic value such as Ether, which is needed to power all projects in the Ethereum network. Given that 90% of new crypto projects are built on Ethereum, the intrinsic value of ETH is unshakable, and TBCT is backed by a large pool of ETH. The TBCT contract's innovative use of Uniswap created a way to utilize the initial ETH sent to buy TBCT to directly back the value of all TBCT tokens purchased (Liquidity Transformer Epoch). This act permanently bonded the value of TBCT with a pool of ETH on Uniswap, so TBCT's use case is a matter of how many investors desire the additional features TBCT offers as opposed to simply holding ETH. All future investors must ultimately purchase TBCT on Uniswap, driving up the price as the supply becomes scarce. Investors may earn interest on their TBCT by locking it up in stakes, and like bonds, certificates of deposit, and time deposit bank accounts, longer stakes provide higher yields.

Layman's terms: There are 2 forces affecting the price of TBCT 1) The price of ETH vs the USD and 2) The price of TBCT vs ETH which is affected by buys/sells on Uniswap. Both factors could be going up, both could be going down, or one could be going up while the other one goes down. All cryptocurrencies experience the market conditions from buys/sells of their native token, but no other crypto is backed by ETH such that even if people were selling the token, the price of ETH can carry the price.
Technical explanation: 55,900 ETH ($40 million+ at the time) raised by selling selling ~250 million TBCT was paired with another ~250 million TBCT to create the initial Uniswap liquidity pool, which the contract locked forever. TBCT is backed by that pool of ETH, meaning even if all TBCT holders sold everything, everyone would get some amount of ETH back, with even 28,000 ETH remaining in the pool after the last holder sold. TBCT is backed by ETH and has a price floor in ETH.

TBCT has an unbreakable price floor of about $0.08 ETH per TBCT, which would be the result of a black swan scenario where you are the very last holder to cash out TBCT on Uniswap and there are no other holders left after you. The price floor in USD will vary with the price of ETH, but will never be a lower amount in ETH. Amazingly, the ownerless nature of the TBCT liquidity pool means transaction fees on Uniswap contribute to raising the price floor every day at a rate of over 5% increase per year! The unbreakable price floor is not a realistic scenario while people are staking, however. Since ending stakes early comes with massive penalties, and because 100% of those penalties go to the remaining stakers, it would take 100% of all stakers to end stake early before any of those TBCT penalties could be sold to Uniswap. This creates a much higher price floor (pictured on this website) which would be the result if all circulating TBCT (not staked) were sold. The higher and more realistic price floor is only certain the day of, and future stakes coming due will cause it to lower slightly until that TBCT is staked again. Investors can view when and how much TBCT is coming due from stakes on TBCT Stake Farming up to 42 years into the future!

In short, no. TBCT only uses Uniswap as a vault to hold ETH for investors. No matter what bells and whistles come with V3, V2 will continue to serve its purpose, and may even be seamlessly integrated into the V3 UI. All Uniswap versions are immutable smart contracts with no admin keys, meaning they will never cease to exist and cannot be changed. It is also likely that the community will simply add TBCT liquidity pairs on new popular DEXs that pop up. In the case of some unseen migration necessary in the future, the great majority of the ETH in the TBCT/ETH pool could be removed with consensus from the community.

Participants in TBCT transactions are identified by public addresses – those are the long strings of around 30 characters you see in a person’s TBCT address, usually starting with the numerals ‘0X0’. For every transaction, the sending and receiving addresses are publicly-viewable.