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Putting the carriage before the horse BTC

Bitcoin Reddit

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The noise here is deafening! BTC cannot become a recognized currency without first becoming recognized as an asset of value. Just like anything that is built whether its a pizza or an automobile; everything is built in layers.

BTC layers first as a recognizable store of value. Think of Rolex Watch, a fine piece of ART, a maturing life insurance policy, stock dividends. Where does BTC's value come from? First and foremost by the security of its incorruptible blockchain and BTC's limited 21 million.

BTC as a currency? It's not gonna happen over night or in 13 years?

BTC is more of a rare asset value commodity that will eventually be used as Satoshi's in trade and transactions.

Try to disregard all the noise here with currency failures when relating to BTC. The real currency failures are the currencies printing value on paper based on VAPOR!!

submitted by /u/pazsworld
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