Bitcoin is Freedom
The economic and technological significance of Bitcoin cannot be overstated. Decades of research and development in computer science, cryptography, electronic currencies, distributed systems, and economics led to its creation. Over the past decade, a variety of use cases have emerged for Bitcoin. Arguably, some of the most important Bitcoin use cases have been proven in third-world countries. While many citizens who live in democratic first-world nations perceive Bitcoin as a speculation with no intrinsic value, citizens in third-world authoritarian regimes are actively using Bitcoin to preserve their wealth and ensure their economic survival. In the following video, Alex Gladstein, Chief Strategy Officer of the Human Rights Foundation, explains how Bitcoin is protecting Human Rights around the world.
Bitcoin is a Superior Store of Value
In addition to protecting human rights and economic freedom, Bitcoin offers substantial benefits through its superior “store of value” monetary properties. In his noteworthy 2018 Medium Article, “The Bullish Case for Bitcoin,” Vijay Boyapati brilliantly outlines the history of money, what makes a good store of value, and why bitcoin is far superior to other stores of value such as gold.
Bitcoin is Hope
Hyper-inflationary death spirals. Authoritarian takeovers. Erosion of individual liberties and freedoms. The death of free markets and emergence of market manipulation and control. These are just a few of many reasons to have a negative outlook on life, especially post Covid-19 pandemic. However, among the hopeless negativity about the future, there lies a beacon of hope. Bitcoin is Hope.
In his thought-provoking article, Robert Breedlove beautifully articulates why Bitcoin is hope through an economic lens. He delves into the malevolence of monetary inflation, the evils of monetary manipulation by central banks, the importance of entrepreneurship and how Bitcoin provides hope by being the honest money we desperately need for the future.
In the following video, Michael Saylor, CEO of MicroStrategy, Inc. discusses why Bitcoin is Hope with John Vallis. This discussion goes along the same lines with Robert Breedlove’s article, and provides additional context from a CEO’s point of view.
John Vallis is Host of the Bitcoin Rapid Fire Podcast
Michael Saylor is the infamous CEO of the publicly traded company MicroStrategy, Inc. (Ticker: MSTR) and owner of www.Hope.com. He is well-known for pioneering a playbook for public companies to follow for acquiring bitcoin and using it as a reserve asset on the corporate balance sheet.