MUST READ!: Economic Fundamentals of Cryptocurrency💥
One of the most succinct and plain spoken articles I’ve read on the root economics of why cryptocurrency is needed for the future of mankind. Tim Draper has made the same points about velocity of money and the immense cost that is factored into price like an ever present tax for the convenience of using credit cards. If you agree that credit cards and digital transaction were at the time of their introduction a disruptive and beneficial technology then you must also agree that a technology that can replace it at a much lower cost is destined for changing our lives in the same way other IT has. Must read article link below....
How Payment Disintermediation Can Substantially Boost Consumer Spending - DCEBrief via BTCnews on iOS
https://dcebrief.com/how-payment-disintermediation-can-substantially-boost-consumer-spending
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