Summary
Bitcoin’s biggest impact will be in denominating business and trade, according to Zac Townsend.
Key Points
1. Bitcoin has become known as digital gold, with its value and scarcity being compared to traditional precious metals like gold.
2. In the long-term, Bitcoin’s most significant impact may be in denominating business and trade, providing a universal currency that transcends borders and traditional financial systems.
3. Zac Townsend, CEO of Meanwhile, believes that Bitcoin has the potential to revolutionize the way businesses conduct transactions and handle finances, offering a more efficient and secure alternative to traditional currencies.