Saifedean Ammous, author of The Bitcoin Standard, said Bitcoin already performs a monetary function when it is held as a store of value. He added that, in his view, Bitcoin’s role is not limited to exchange or payments, but also extends to preserving value in a way that gives it monetary characteristics.
Ammous also said he expects Bitcoin to keep maturing over time. As that process continues, he said its overall scale could grow beyond that of gold, while its volatility could fall below gold’s. The remarks were carried by Techub News, which cited Cointelegraph as the source.
Saifedean Ammous, author of The Bitcoin Standard, said Bitcoin already has a monetary function when it is held as a store of value.
He also said that as Bitcoin continues to mature, he expects it to grow larger than gold and become less volatile than gold. The remarks were cited by Techub News, citing Cointelegraph.
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