
Bitcoin is Money (&) Currency
Don't be afraid to admit it; bitcoin competes with the dollar as a currency.
Don't be afraid to admit it; bitcoin competes with the dollar as a currency.
Bitcoin is money because people spend it on goods and services.
The fixed supply of Bitcoin, despite its perceived inelasticity, is what will drive its adoption as a global medium of exchange.
A good way to give people paying invoices some peace of mind when paying.
Now, businesses with Square merchant accounts can accept bitcoin (on-chain and lightning) side-by-side with fiat payment methods through Zaprite. Zaprite is never in the flow of fiat funds, which process and settle through Square’s existing merchant rails.
When you take away the ability to print money, very positive economic forces take hold in the opposite direction. Any amount of money is enough because what’s “enough” is what stores value. Time as an input today better equates to the output of time in the future.
The book can be purchased exclusively at TheSaifHouse.com
Inspiration for the Gradually, Then Suddenly book cover art, meant to be an allegory of the individual's journey to bitcoin.