Things Bitcoin Isn't
Bitcoin's most important aspect often gets lost in discussions about things bitcoin is not.
Things Bitcoin Isn't
Bitcoin is not:
a US dollar replacement
a gold replacement
a tool for criminals
a speculative investment
Let’s talk about that last one.
If you think bitcoin’s a speculative investment, then you might fall into one or both of the following buckets.
you live in a country with robust and relatively stable financial services and markets
you haven’t dug deeper than the headlines about what bitcoin is
So, What Is Bitcoin?
This isn’t discussed enough.
Bitcoin is THE most powerful and secure computing network ever.
Yes, bitcoin, as a trading asset, changes hands globally 24/7. But, the most important part about bitcoin is its network.
Trading markets reflect and appreciate the value of the network but people haven’t looked past the trading aspect of bitcoin enough yet. Bitcoin’s network is capable of creating, absorbing, and securing value for the short or long term.
Keep reading with a 7-day free trial
Subscribe to Bitcoin Binge to keep reading this post and get 7 days of free access to the full post archives.