Vue version

3.4.19

Link to minimal reproduction

https://play.vuejs.org/#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

Steps to reproduce

Open the link, the text of the inner component is immediately shown.

In 3.4.15 and 3.4.17, the text is not shown.

What is expected?

The text should not be shown, as the most top-level v-show has a "false" value.

What is actually happening?

The text is shown.

System Info

Reproducable at least in: Firefox 122.0, Firefox Developer 123.0b4, and Chrome 121.0.6167.161. 64bit machine.

[I don't think this is relevant for this bug, but who knows]

Any additional comments?

No response