Niko LaamanenFounder, Publisher at Konsensus Network

The #Future of #Bitcoin: #Accumulating #Credentials as #Digital #Gold, #fiction #storytelling

30 Mar 2024 · 1 min

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In a brief conversational exchange, the speakers discuss the uncertain yet promising outlook for Bitcoin. The key argument is that over the past decade Bitcoin has been steadily building its credibility as a form of digital gold. Each additional year of survival without collapse enhances its ubiquity and reliability as a store of value. The speaker emphasizes that time works in Bitcoin’s favor, and that its inherent features may even give it advantages over traditional gold, potentially making it a more pervasive store of value.

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TranscriptAuto-generated · 1 min

Before we go, uh, Alex, do you have a prediction for the future of Bitcoin?
I think the future, as any future, is, is still not certain. What I think is happening has been happening over the last, over a decade. Bitcoin has been accumulating credentials as digital gold. The longer it lasts, The more ubiquitous and more reliable it becomes. So time works very much in favor of Bitcoin. So for every year that Bitcoin does not collapse and does not get discarded, it gains more and more potential for being omnipresent store of value like gold, at least like gold, or possibly even more omnipresent because there are some features which Bitcoin advantage over gold.

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