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$10,000,000 BTC is Bearish with Peter Dunworth

Blockware Podcast

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The Importance of Unit of Account Technology

When it comes to a value or market cap of value you've got the unit of account and we've been using up until this point. Bitcoin which is effectively a triple entry ledger system that is an immutable ledger. It cannot be changed. So the meat of exchange I think gets dislodged with a better form of money in the fact that there is censorship resistance and an immutable supply and issuance. This is a massive step function change in unit of account technology that I don't think gets anywhere near enough here time.

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