
Economics
Bitcoin is Money (&) Currency
Don't be afraid to admit it; bitcoin competes with the dollar as a currency.

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Don't be afraid to admit it; bitcoin competes with the dollar as a currency.

Bitcoin is money because people spend it on goods and services.

The fixed supply of Bitcoin, despite its perceived inelasticity, is what will drive its adoption as a global medium of exchange.

A good way to give people paying invoices some peace of mind when paying.

Now, businesses with Square merchant accounts can accept bitcoin (on-chain and lightning) side-by-side with fiat payment methods t…

When you take away the ability to print money, very positive economic forces take hold in the opposite direction. Any amount of mo…