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Bitcoin is ...

roy2016

Published: 11 Aug 2018 › Updated: 11 Aug 2018Bitcoin is ...

Bitcoin is ...

• open-source software
• a cryptocurrency
• a store of value
• digital cash
• a self-fulfilling prophecy
• the reinvention of money
• the biggest redistribution of wealth, at least since the industrial revolution (which shifted massive amounts of money from few aristocrats and / or ultrarich major landowners to creative manufacturers and further down to the workers)
• an ETF on the world economy
• the end of the monetary system as we know it
• the end of boom and bust cycles
• the end of "endless war" financed by endless (fiat) money
• the end of taxation without legislation (also known as inflation)
• the end of pension time bombs (http://www.visualcapitalist.com/pension-time-bomb-400-trillion-2050/)
• the backbone of the new internet (blockstack: )

Have a nice weekend!

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