“Zero Money”: First Principles Thinking About Monetary Value

Change the Money, Change the World (18)

Part 5(B) — Adoption of Bitcoin as store of value

I will be posting five entries Part 5A-5F concerning adoption of, adaptation to, and politics and protest emerging with the advent of digital currencies in general, particularly as to the algorithmic properties of Bitcoin. The first part was about the range of digital currencies in general, including Bitcoin, but with emphasis of how digital fiat and other cryptocurrencies adhere or not to core Bitcoin properties. I discussed those properties in the…