That is an opinion editorial by Roy Sheinfeld, the cofounder and CEO of Breez, a Lightning Community cell app.
Prepared for a scorching take? Test this: Cash has no inherent worth. And, moreover being a particular form of cash that enables for disintermediated transfers, the identical applies to bitcoin.
As banal as it might sound, cash is only a means to an finish. As a matter of truth, it’s a way to any variety of ends. And people ends are what matter. Cash — whether or not {dollars}, satoshis or the rai stones of Yap — isn’t worthwhile for what it’s, however for what it lets us do. We remodel cash into experiences, and experiences are what make a life, not ledger entries. Every little thing else is financial institution propaganda devised to generate curiosity.