Thread: Bitcoin 101
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Old 01-15-2024, 12:01 PM
JLMounce JLMounce is offline
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The trap here is that most people are thinking of and using Bitcoin as an asset, like a stock. That's not what it was designed for. It's designed to be disruptive to fiat currency.

It has an extremely limited supply and doesn't require a federal system like SWIFT to negotiate payments between two individuals.

Right now it's used as an asset, but it's importance starts as fiats fail. It's better to think about bitcoin as an individual currency. Instead of dollars and cents you have coins and satoshis (the smallest unit of measure).

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