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Ep. 2147 What Is Happening With Bitcoin?

The Tom Woods Show

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The Long Term Value of Bitcoin

In the long term, i think most bitcoin proponents believe in a longer term bullish valuation for bitcoin. The reason why do we believe more or more people will join this network is because bit coin offers assurances that the fat banking world could never offer. It's an open system. Anybody with a smart phone can set up right now with a bitcoin wallet, and you can send it anywhere around the world. And so there's a massive, massive market of people who will really want to use this and have a reason to use this. But i'll take a different stance on where i think we are in biin's adoption cycle by looking at it purely as a network protocol like t c p

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