Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin digital gold or digital cash?
by
Sir mikolo
on 23/04/2018, 16:38:39 UTC
The bridge from gold to cash
Satoshi was right in my opinion: Bitcoin can be both a secure store of value, as well as a liquid medium of exchange used for small size payments. The solution is to accept and embrace an ecosystem with division of labor, where each sector prioritizes a different part of the solution.
In the case of Bitcoin, you can let one part of the ecosystem prioritize security, while the other focuses on convenience and speed. I’ll let
Hal Finney, the first ever person to receive a Bitcoin transaction.