When viewed through the lens of necessity, we can better understand Bitcoin’s progression toward a broader, circular economy.
This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,” founder of The Bitcoin Times and Host of the “Wake Up Podcast with Svetski.”
Bitcoin is the perfect money. It embodies all of the properties and functions of money:
- Store of value (SoV)
- Medium of exchange (MoE)
- Unit of account (UoA)
…and does so in a way that any person or participant, from anywhere in the world can: