Gradually, Then Suddenly


Gradually, Then Suddenly (#3)

Bitcoin is Not Too Volatile

Parker Lewis

Volatility in bitcoin is the natural function of monetary adoption and this volatility ultimately strengthens the resilience of the bitcoin network, driving long-term stability. Variation is information.

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Gradually, Then Suddenly (#4)

Bitcoin Does Not Waste Energy

Parker Lewis

Put a price on economic stability and the economic freedom a stable monetary system provides; that is the true justification for the amount of energy bitcoin should and will consume. Everything else is a distraction.

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Gradually, Then Suddenly (#7)

Bitcoin, Not Blockchain

Parker Lewis

Every other fiat currency, commodity money or cryptocurrency is competing for the exact same use case as bitcoin whether it is understood or not, and monetary systems tend to a single medium because their utility is liquidity rather than consumption or production.

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Gradually, Then Suddenly (#11)

Bitcoin is Not for Criminals

Parker Lewis

We accept the good with the bad, recognizing that due to the very nature of bitcoin, we do not get to decide. There are always trade-offs, and in this case, that bitcoin will unavoidably be used for illicit purposes is the trade-off we gladly accept in exchange for the economic stability that an unmanipulable global currency will provide.

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Gradually, Then Suddenly (#13)

Bitcoin is a Rally Cry

Parker Lewis

No matter how many cycles of quantitative easing the Fed and its global counterparts have in their bag of tricks, bitcoin is inevitably becoming a rallying cry for all those that see the train wreck coming and are unwilling to stand idly by.

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Gradually, Then Suddenly (#15)

Bitcoin is One for All

Parker Lewis

Whereas the dollar (and other fiat currencies) are one for a few in the short-term and all for none in the long-term, bitcoin is one for all, now and in the future, because it fixes the economic foundation for everyone.

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