Read_601 - Bitcoin First [Fidelity]

Published: Feb. 11, 2022, 12:34 a.m.

\u201cBitcoin as a superior monetary good is more valuable than a better payment network\xa0. 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\u2019s 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.\u201d - Fidelity Assets Report\nYou don\u2019t want to miss this incredible report on how to think about the innovation and investment thesis of Bitcoin. Why it should be separated from the rest of the digital asset ecosystem, and why for the market need it fulfills, there is little to no competition among the \u201ccrypto\u201d industry.\n\nCheck out the full report and other incredible work from Fidelity at the following link:\nhttps://www.fidelitydigitalassets.com/articles/bitcoin-first\n\n\nFor the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:\n\u2022 Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.\n\u2022 Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)\n\u2022 Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.\n\u2022 Get tickets to the biggest & most exciting Bitcoin conference in the universe! Bitcoin 2022 (guyswann.com/2022). 10% discount if you use code GUYSWANN.\nLearn more about your ad choices. Visit megaphone.fm/adchoices\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message