Why was bitcoin promoted as medium of exchange at the beginning?

Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining


After reading [the bullish case for bitcoin ](https://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1) and Nick Szabo’s [origins of money](https://nakamotoinstitute.org/shelling-out/), I understand that in order for something to becomes a good money it has to become a store of value, a medium of exchange and then unit of account in that order.

It makes a lot more sense now that I think about it as a good store of value needs to have large amount of money (market cap / price) and less volatility.

Why was bitcoin, in the early day, promoted as an online shopping token then?

View Reddit by notaveragejoe42069 – View Source

Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close