Crypto and Fiat Currencies Are Worlds Apart, Here Are the Reasons Why
Cointelegraph
Published May 31, 2020 03:15AM ET
Updated May 31, 2020 05:00AM ET
One of the core narratives of Bitcoin (BTC) since inception is the oft-stated goal of separating money and state. While this has certainly been a powerful creed in the currency’s early adoption by the crypto-anarchist and techno-libertarian communities, what does this actually mean? It’s quite simply a call for a neutral form of money.
When stripped of the more political messaging, Bitcoin is fundamentally the introduction of a credibly neutral, global system of value transfer that is open and permissionless yet cryptographically secure and verifiable. This burgeoning crypto economy is still relatively early in its development, yet in the ten-plus years since its launch, it has fundamentally shifted the discourse around what money could or ought to become in the future.
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Written By: Cointelegraph
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