Bitcoin Marketcap
$499B
Gold Marketcap
$11.41T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.33%
CASEBITCOIN
making the case for bitcoin every day
Bitcoin Marketcap
$499B
Gold Marketcap
$11.41T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.33%
CASEBITCOIN
making the case for bitcoin every day
22 Jul 2019 | | Price when published: $10,455 (ROI since: +153%)
Filed under: technology
blogs
I tend to believe that the interesting thing about Bitcoin is its capacity to facilitate the transfer of value through a communications medium with extremely strong assurances. I think that Bitcoin is a novel institutional technology — high-assurance wealth storage and transfer without reliance on the State or a financial system — which will unlock new modes of human organization and will enable productive commerce in places where property rights are poorly enforced.
What do you think of this piece?