Bitcoin, Nuclear War and the “Real World Use” Argument

I received a comment this morning challenging my contention that Bitcoin should be thought of as a foundational asset for the crypto-based monetary system. With Bitcoin inching towards $10,000 arguments like this continue to be made by gold-bugs (of which I’m one) and hard-asset enthusiasts because they make fundamental errors in their analysis of Bitcoin. … Continue reading Bitcoin, Nuclear War and the “Real World Use” Argument