Five Examples Of Bitcoin’s Real-World Utility

Bitcoin Magazine

This is an opinion editorial by Trent Dudenhoeffer, a certified financial planner at Watchdog Capital.

Believe it or not, bitcoin is money.

This may be a hard sell to many of us in the Western world, specifically here in the United States. I get it; the dollar is the reserve currency of the world. Yes, there is inflation, but it’s not that bad, despite today’s inflation being the highest it’s been in more than 40 years.

I don’t know about you, but the ever-decreasing value of my dollars is one of the reasons I learned about bitcoin in the first place. Whoever said we needed to have inflation? John Maynard Keynes did, by the way, and it’s the economic theory taught in schools throughout the nation.

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What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

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