Debating Bitcoin's core intent: cash or virtual gold?
@maxkeiser: Bitcoin's intent: cash or gold?
The discourse around Bitcoin's original purpose has resurfaced, reigniting debates within the crypto community.
Max Keiser, a prominent advocate of cryptocurrency, recently highlighted on Twitter the common misinterpretations of the original Bitcoin white paper. According to Keiser, many misunderstood Satoshi Nakamoto's vision, interpreting 'peer-to-peer cash' as something separate from 'gold'. Keiser asserts that Bitcoin was always meant to be 'virtual gold' - primarily a store of value. This perspective prompts further analysis of Bitcoin's role in modern finance and technological landscapes.
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In the previous news, author Max Keiser spoke about El Salvador's unrivaled position in Bitcoin adoption, asserting that every Salvadoran owns about $500 worth of the cryptocurrency.
