Bitcoin: Redefining Traditional Financial Meanings.
When we talk about gold as a store of value that just means a lot of people agree to pay the same price for one ounce of gold. In 2017, enough people agree on the value of bitcoin that it can serve the same purpose. There will only ever be 21 million bitcoins, but this limit comes from computer code, not by how many bitcoins are left to remove from the earth. If we learn tomorrow that half of Montana contained a secret cache of gold, the value of gold would decrease instantly. Bitcoin doesn’t have this problem.”
Finally, the billionaire sees Bitcoin as a powerful catalyst that can start to change the landscape of business and finance.
Terms such as currency, money, wealth, value and even cost need to be updated and revisited. He believes it is Bitcoin that can make people rethink these ideas.
https://cointelegraph.com/news/bitcoin-bursting-with-potential-says-billionaire-jeff-epstein
