History Shows That Bitcoin’s Sound Money Standard Benefits Society

History Shows That Bitcoin’s Sound Money Standard Benefits Society

A sound money standard, like that of bitcoin, has numerous benefits for society in comparison to inflationary, fiat-based standards.It is well established at this point that bitcoin is the best form of sound money the world has ever seen. To recap, bitcoin excels in each of the qualities of money: durability, portability, divisibility, uniformity, scarcity and acceptability. Most importantly, bitcoin is the scarcest money ever, with a fixed supply of 21 million bitcoin that will ever exist. Regardless of demand, the supply is programmatically defined and will never be changed.This article....


Related News

Bitcoin Shows That Trust In The Government And The Gold Standard Isn’t Necessary

Bitcoin is a return to sound money after the government overreach that led to the end of the gold standard.

I Want Scotland To Prosper, And Bitcoin Is The Answer

Scotland can best prepare for the future by adopting a bitcoin standard and reaping the benefits of sound money.

How Bitcoin’s Sound Incentives Drive A Sound World

Why is bitcoin the superlative choice of money for aligning the incentives of the world to the greatest benefit?

Time is our best friend: Bitcoin’s 12-month trajectory to $100K

If you are in Bitcoin for the long haul, there is a reasonable path to $500,000 within the next decade. Back in June, I wrote that Wall Street remaining on the sidelines is not necessarily bad for our industry. While most traditional investors are still observing, Bitcoin’s (BTC) mainstream momentum has been building over the last four months. Currently, the Bitcoin price is hovering around $18,000, steadily approaching its historical all-time high.Bitcoin is a store of value and a potential global reserve currencyWhen we talk about asset valuation, the first step is always to understand....

Violence, Money And Bitcoin

By preserving the sound reciprocity of money, Bitcoin can enable our society to avoid the violence and scapegoating that has plagued it.