Bitcoin’s Economy Is Already Is Circular

Bitcoin’s Economy Is Already Is Circular

When viewed through the lens of necessity, we can better understand Bitcoin’s progression toward a broader, circular economy.
This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,” founder of The Bitcoin Times and Host of the “Wake Up Podcast with Svetski.”
Bitcoin is the perfect money. It embodies all of the properties and functions of money:
Store of value (SoV)Medium of exchange (MoE) Unit of account (UoA)
…and does so in a way that any person or participant, from anywhere in the world can:
Save without having their wealth invisibly stolenSpend without some Big Brother type of institution telling them what or with whom they’re allowed to do soAccount, audit and verify what they have, when they received it and how much it is in relation to the whole.
Furthermore, this is all possible without any form of trusted intermediary, government regulation, prudential oversight or “decree by the anointed.”
Money is arguably the most important i

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