Posted 4/1/2024, 5:38:00 PM
Bitcoin's Potential as Global Currency Drives Adoption, While Bypassing Mainstream Finance
- Bitcoin is a decentralized global currency beyond any country's control that can store value and conduct financial services.
- Bitcoin exchange-traded funds (ETFs) are driving mainstream adoption but miss Bitcoin's potential as a transacting currency.
- Bitcoin helps residents of high-inflation countries preserve purchasing power over decades.
- Meanwhile is an insurance company that operates entirely in bitcoin for stability.
- More entrepreneurs should build companies on the "Bitcoin Standard" to utilize Bitcoin's appreciation.