Bitcoin FIRST - PRO TIPS

2 years ago

Bitcoin First White Paper - Why investors need to consider bitcoin separately from other digital assets. See: https://institutional.fidelity.com/app/literature/white-paper/9905089/bitcoin-first.html

Also listen to: https://pca.st/q97x1k35

“Bitcoin as a superior monetary good is more valuable than a better payment network . This leads us to another point as to why we believe bitcoin should be considered primarily as a monetary good rather than a payment network. The fact the market has shown a preference towards bitcoin, which is slower as a payment system compared to other digital assets and blockchains, signals the market currently values a highly secure and decentralized store of value rather than another payment network. As we previously noted, Bitcoin’s revolutionary invention was solving the problem of digital scarcity and creating a digital store of value, not making an incremental improvement to a payment system.” - Fidelity Assets Report

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