📰 CRYPTO NEWS
The Bitcoin white paper turned 18 since Satoshi Nakamoto published it, and the document that promised an alternative to the traditional financial system is more relevant than ever. The circumstances that prompted its creation—the 2008 crisis and the bank bailouts paid for by ordinary citizens—haven’t been left in the past: small business owners still bear the costs of a system designed to socialize losses and privatize profits. Michael Tanguma, CEO of Onramp, argues that business owners can protect some of their accumulated capital by holding it in bitcoin, as a reserve that escapes the inflationary logic of the traditional system. In Argentina, where we know that logic better than anyone, the idea of preserving surplus funds outside the system sounds less like a theory and more like a concrete necessity. It’s worth asking: if more and more companies, large and small, start to see Bitcoin as an operational store of value, what cumulative effect could that have on its price and adoption in the coming years?
What do you think? I’m reading your comments 👇
The Bitcoin white paper turned 18 since Satoshi Nakamoto published it, and the document that promised an alternative to the traditional financial system is more relevant than ever. The circumstances that prompted its creation—the 2008 crisis and the bank bailouts paid for by ordinary citizens—haven’t been left in the past: small business owners still bear the costs of a system designed to socialize losses and privatize profits. Michael Tanguma, CEO of Onramp, argues that business owners can protect some of their accumulated capital by holding it in bitcoin, as a reserve that escapes the inflationary logic of the traditional system. In Argentina, where we know that logic better than anyone, the idea of preserving surplus funds outside the system sounds less like a theory and more like a concrete necessity. It’s worth asking: if more and more companies, large and small, start to see Bitcoin as an operational store of value, what cumulative effect could that have on its price and adoption in the coming years?
What do you think? I’m reading your comments 👇