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There is the economic case, there is the individual sovereignty case, & there is an investment case for Bitcoin. But the deepest case to be made, & the one with the strongest argument, is the moral case. It’s not merely profits, sound economics, or the potential of future growth that make Bitcoin the proper investment, but the moral truths that make Bitcoin the only real option for a better future. Today we read Jimmy Song’s excellent piece from The Bitcoin Time Vol 3, “The Moral Case for Bitcoin.” Walmart doesn’t accept litecoin, bitcoin, or any other cryptocurrency !function(e,t,s,i){var n="InfogramEmbeds",o=e.getElementsByTagName("script"),d=o,r=/.test(i)&&(i=r+i),window&&window.initialized)window.process&&window.process}(document,0,"infogram-async","//e.infogram.com/js/dist/embed-loader-min.js");

With the country's economy struggling after the Covid-19 pandemic, the government hopes that the acceptance of Bitcoin will let it retain more of its money through an entirely new channel. Blockchain Bites: Paypal launching crypto services, Financial Stability Board reports, FinCEN fines for crypto mixers... The line between money and financial assets is not always clear. In fact, money is a type of financial asset—one that is highly liquid (used to make payments) but that typically pays little or no interest.11 Other types of financial assets are less liquid but offer the potential to pay returns. For example, people buy stocks and bonds with the expectation that they will earn interest, receive dividend payments, or sell the asset at a higher price in the future. While Bitcoin was originally developed to function as currency, there has been a noticeable increase in demand from those who buy Bitcoin as a speculative investment.12