TL;DR —
Bitcoin is a reliable e-cash: a method whereby on the internet you can transfer funds from A to B without A knowing B or B knowing A." Bitcoin is the only asset that's fundamentally uncorrelated to the existing political and economic decision-making process. The US has become the highest-producing economy in the world over the last century, its currency has become de facto reserve currency for the world, and the Dollar is a relatively stable and liquid medium of exchange of exchange, and central banks globally have accumulated over $6.7 Trillion in their reserves.
[story continues]
Written by
@abhay-aluri
Building @joinryze to help you understand and invest in Bitcoin
Topics and
tags
tags
bitcoin|economics|investing|bitcoin-adoption|macroeconomics|inflation|latest-tech-stories|bitcoin-spotlight
This story on HackerNoon has a decentralized backup on Sia.
Transaction ID: -tKLl2-t-ZeT422QYbjs0UDyp46q1XOzSd8beYUxDTo
