- Apr 25, 2011
- 19,747
- 27,986
It doesn’t matter how much I learn about Bitcoin there is always some new bit of information that increases my enthusiasm for it. There’s really nothing like it in the world and whilst I believe crypto in general is the digital transformation of the finance world, Bitcoin is the driving force that underpins all crypto.
I find it so fascinating that Bitcoin is an autonomous system with no central control and thanks to this fact, I believe it is one of the only entities on the planet that has all of the ingredients and incentives to be the best version of itself always. That characteristic alone sets it aside from any other coin and possibly from anything else in the world.
It is also unique in that its primary purpose is to serve as a form of money; up to this point we’ve always repurposed assets for use as money because using valuable things was the only way we could create a sound money. Thats incredibly inefficient in my opinion, but with Bitcoin it serves no other purpose than as money. When people argue that it has no intrinsic value, it makes me laugh because that is the beauty of Bitcoin; with mathematics it solves the problems that we previously needed otherwise irrelevant characteristics such as value and usefulness to solve.
At 70k Bitcoin is so extremely undervalued.
I find it so fascinating that Bitcoin is an autonomous system with no central control and thanks to this fact, I believe it is one of the only entities on the planet that has all of the ingredients and incentives to be the best version of itself always. That characteristic alone sets it aside from any other coin and possibly from anything else in the world.
It is also unique in that its primary purpose is to serve as a form of money; up to this point we’ve always repurposed assets for use as money because using valuable things was the only way we could create a sound money. Thats incredibly inefficient in my opinion, but with Bitcoin it serves no other purpose than as money. When people argue that it has no intrinsic value, it makes me laugh because that is the beauty of Bitcoin; with mathematics it solves the problems that we previously needed otherwise irrelevant characteristics such as value and usefulness to solve.
At 70k Bitcoin is so extremely undervalued.
