How Bitcoin Will Conquer The World
On Halloween 2008, a month and a half after the Lehman Brothers’ spectacular collapse, Bitcoin started the monetary revolution we’re now seeing. Bitcoin showed that, with technology, different monetary arrangements are possible: Money doesn’t need to be controlled by a government or limited to a sovereign territory.
Thirteen years later, and after repeatedly renewing all-time highs despite bans and curses, Bitcoin is here to stay. Perhaps not exactly as the “peer-to-peer electronic cash system” envisioned by Satoshi Nakamoto but neither as a wasteful speculative asset with no social value. Bitcoin can instead be the settlement currency of the world.