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Jordi Alexander & Justin Bons: Bitcoin Debate: Does Bitcoin Have Utility?

Supply Shock

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Cryptocurrency Security

I don't believe that inflation of the monetary supply makes, you know, a bit of money per se. So I actually think within the context of cryptocurrency, something that is more scarce and something that has negative inflation because of a burning mechanism is a bit of time. And we can accept that as we are right now, obviously transaction fees would not cover security. But it's very possible that in 10, 20 years, there will be a challenge of let's move this system to a slightly different system.

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