In her ”3 Reasons I’m Investing in Bitcoin,” Lyn Alden puts it best, “Although it has no industrial use, [bitcoin] is scarce, durable, portable, divisible, verifiable, storable, fungible, salable and recognized across borders, and therefore has the properties of money. Like all ‘potential’ money, though, it needs sustained demand to have value.” www.coindesk.com
In her ”3 Reasons I’m Investing in Bitcoin,” Lyn Alden puts it best, “Although it has no industrial use, [bitcoin] is scarce, durable, portable, divisible, verifiable, storable, fungible, salable and recognized across borders, and therefore has the properties of money. Like all ‘potential’ money, though, it needs sustained demand to have value.”
www.coindesk.com