02 Feb Here’s why Bitcoin could obsolete the U.S. dollar, euro, and all fiat
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For years, the primary use case of Bitcoin has been debated. The detractors, often economists and mainstream investors, say it’s nothing but a speculative asset; others say it’s simply a digital store of value or a form of “digital gold,” nothing more.
But, for many, Bitcoin—once it has spread its proverbial wings, anyway—is meant to be a full-fledged alternative to the fiat money system in place today, which has been marred by the 2008 Great Recession and previous financials debacles. Some have even gone as far as to say that Bitcoin will make all other forms of money obsolete.
Parker Lewis—the business development lead at crypto-centric financial services company Unchained Capital—recently laid out the case for this assertion in an extensive blog posted to the company website.
Will Bitcoin become the world’s leading money? Top industry exec lays out the case for this
In a post fittingly titled “Bitcoin Obsoletes All Other Money”—the latest edition in Unchained…
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