Bitcoin for Millennials Bitcoin Is Becoming Global Money Faster Than You Think | Parker Lewis | BFM150
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May 8, 2025 
Parker Lewis, a prominent voice in the Bitcoin community and author of "Gradually, Then Suddenly," discusses Bitcoin's rapid rise as a global currency. He emphasizes Bitcoin's potential to revolutionize trade and finance, advocating for its role as a neutral medium of exchange in a multipolar world. The conversation covers the evolving cryptocurrency landscape, its significance amid inflationary pressures, and the necessity for broader adoption. Lewis shares compelling insights on Bitcoin's resilience and transformative capacity within the economic system.
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Bitcoin's Value From Trade
- Bitcoin is inherently a medium of exchange as it facilitates value transfer between parties.
- Its value comes from enabling trade and economic specialization, not just from being a store of value.
Adoption Drives Network Effect
- Bitcoin adoption scale drives its use as a medium of exchange exponentially.
- More users create more economic pairs, making Bitcoin usage more widespread and feasible.
Incentives in Deflationary Money
- A deflationary currency like Bitcoin incentivizes creating value today because its purchasing power grows over time.
- Inflationary fiat money often encourages quick spending and less value creation.
