18min chapter

TFTC: A Bitcoin Podcast cover image

#593: Bitcoin is Money (&) Currency with Parker Lewis

TFTC: A Bitcoin Podcast

CHAPTER

Bitcoin: Currency vs. Store of Value

This chapter explores the dual nature of Bitcoin as both a digital currency and a store of value, highlighting misconceptions around its utility in everyday transactions. It discusses the importance of understanding Bitcoin's role in facilitating trade and how its acceptance among businesses is growing. The conversation critiques the limitations of alternative cryptocurrencies, emphasizing that true innovation lies in Bitcoin’s ability to function as an effective means of payment.

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