Breaking down the 7 myths of Bitcoin #6
Bitcoin does not equal freedom
Bitcoin had no previous value, and no one was obliged to use it, yet somehow it became a medium of exchange.
People who do not understand and care little about Bitcoin can, however, accept it as payment because they know it can be used to pay or be exchanged for conventional money.
Classical economics says that exchange will not occur unless both parties value equally or more what they are getting than what they are giving up.
So where does the value come from?
From the free choice of people who adopt their value system.
Bitcoin is not imposed by any government, it is of free choice.
Bitcoin equals freedom.
Breaking down the other myths:
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