This post is long overdue.
I talk about Bitcoin a lot. In any given week, I’ll have dozens of conversations about bitcoin with various people across different sectors. And like a pendulum oscillating every other year, the narrative of bitcoin not being a medium of exchange keeps coming back. I get it. When influencers from the community are pushing this narrative, people listen. They’re influencers.
But in this post, I want to set the record straight: Bitcoin IS a medium of exchange, now and in the future. What’s more, its future as a store of value (SoV) depends on its acceptance as a medium of exchange (MoE). Some of the people pushing the (false) dichotomy between bitcoin as a SoV and a MoE are doing it for their own self-interest. Some are just hangers-on.
Since when is buying a coffee the true measure of the future of money? [Image: X’s Grok 2 Mini] Luckily, these people do not control how bitcoin will continue to develop and be deve
We współpracy z: https://bitcoinmagazine.com/culture/bitcoins-false-dichotomy-between-sov-and-moe
