Skeptics are eager to criticize bitcoin because they claim that it doesn’t have any “intrinsic value” and therefore can’t possibly be money. What they fail to realize is that bitcoin has a market utility that no other form of money in history has ever had. That’s a bold statement so let me show you why […]
Bitcoin Is For Savers. Fiat Is For Debtors. One of the most common misconceptions in Bitcoin is that “if you don’t spend your bitcoins, Bitcoin will never reach mainstream adoption.” This confuses the sequence of monetary evolution. Every successful money in history first established itself as a store of value before becoming a medium of […]