Bitcoin is the ultimate form of money because it reliably stores value over time. By definition, money must maintain its value, and Bitcoin excels at this. While being a Medium of Exchange is important, it's not the ultimate goal. However, Bitcoin is indeed used as a MoE, and the number of people transacting with it is continually growing. 🌍💰 Even though its primary strength is storing value over time in a decentralized censorship resistant manner, it also undeniably facilitates daily transactions around the world.
Adequate privacy can be achieved using Bitcoin through tools like CoinJoin, the Lightning Network, and non-custodial wallets. These tools enhance anonymity and security, making Bitcoin a viable option for both saving and spending. 🔒
Calling Bitcoin a "shitcoin" dismisses its unique position in the crypto ecosphere. Unlike any other cryptocurrency, Bitcoin has proven its resilience, decentralization, and ability to attract a strong, principled community.
theguy / The Guy That Looked Into It
npub1xy…mxz4j
2024-12-09 20:08:36
in reply to nevent1q…jfjc
Author Public Key
npub1xycjzs82jdrk6puxq77fu9mv5zc5vn4pqjna9ecrhtj65fr32zdsfmxz4jPublished at
2024-12-09 20:08:36Event JSON
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