WHY BITCOIN IS THE FUTURE OF MONEY
If you’ve heard that Bitcoin is going to revolutionize money, but aren’t quite sure what that means, this video is for you. This Video explains the key features of what makes anything (whether it is precious metals, paper notes, shells, or cows) viable as a currency for exchanging value. It lays out how a digital currency like Bitcoin has all the same features necessary to be a currency, with some additional advantages that are unique to the blockchain technology upon which Bitcoin is built.
What is money? We are taught to critically question and evaluate the world around us. Yet, most people never query the essence of what is perhaps civilization’s most important tool. We readily accept the money we have and use it without examining its history, characteristics, or whether it could be improved and changed.
We are living through extraordinary times. The world around us is in flux: established norms are being upended. Yet, the most extraordinary change is occurring without, arguably, the fanfare it deserves. Money is changing. A viable alternative to fiat currency has taken hold. An open and free, censorship-resistant currency available to anyone with qualities that surpass previous forms of money is carving out its place as the future of money.
Coins and notes are examples of money we are all familiar with. Yet, shares, property, or, in fact, any tradable item are also forms of money. We interact with various forms of money, and simply utilize their attributes without proper examination. So, what are the qualities and features of money? Why do we use different forms of money? What is money?
It is only through proper consideration of these questions that the unique and revolutionary properties of Bitcoin become apparent. Bitcoin is much more than just a speculative digital asset. It seeks to be the best money ever invented, combining the benefits of gold, cash, and various contemporary stores of value.
More importantly, Bitcoin provides new features seeking to protect the individual in the digital age. Bitcoin may be much more than a useful tool, it could be a necessity.
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