“Those who argue “high fees will kill adoption” fail to understand the intensity of assurances Bitcoin offers, and the ease at which it does this. Put lightly — Bitcoin is insanely cheap compared to alternative options for obtaining high degrees of assurance. Bitcoin is a vehicle built for moon missions, but we are giving it similar treatment to a scooter.” @imacallyoujawdy

Don't miss an excellent piece exploring the revolution of money and accounting assurances represented in the Bitcoin system. Plus my own commentary on why gold acted as a check to the accounting limitations of the past & why Bitcoin has changed the entire game all over again. From @imacallyoujawdy, we read "Bitcoin: An Accounting Revolution."

Don't forget to check out the full article and follow the author on Twitter:
https://twitter.com/ImacallyouJawdy
https://medium.com/@permabullnino/bitcoin-an-accounting-revolution-40efcb903d7b

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Economic Update: Economics of Socialism