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Are there any good articles/resources that address the challenges of Bitcoin becoming anything more than a security vs a currency given it's similarity to being
by siavosh 10y ago
Are there any good articles/resources that address the challenges of Bitcoin becoming anything more than a security vs a currency given it's similarity to being a restrictive Gold Standard like currency?
Recently I've seen some older talks by Yanis Varoufakis saying bitcoin can't work as a currency, and I'm curious if there's a response from the Bitcoin community?
https://yanisvaroufakis.eu/2013/04/22/bitcoin-and-the-dangerous-fantasy-of-apolitical-money/ https://yanisvaroufakis.eu/2013/04/22/bitcoin-and-the-danger...
- xiphias 10y agoWe have enough good enough currencies, but the world was missing a good store of value. Gold is too hard to store/buy/sell reliably (and with small margin). It will be a better currency after it's accepted as a store of value by much more people.