We discuss bitcoin as store of value (SoV) vs. medium of exchange (MoE).
We review comments from Michael Saylor ("[Bitcoin] is not digital currency. It is not cryptocurrency. It is digital capital."), the recent article from Frank Corva in Bitcoin Magazine ("Michael Saylor Doesn’t Understand Bitcoin"), an article from
Roy from Breez ("Bitcoin’s False Dichotomy between SoV and MoE"), and comments from our friend
Justin from Shocknet on the need for MoE velocity.
We conclude:
No, bitcoin is not just digital capital.
Yes, bitcoin is a cryptocurrency.
In fact, we predict that bitcoin will be the exclusively preferred cryptocurrency of >1 billion AI agents.
We predict this future because we intend to create it.
...beginning with our Onyx v0.1 release this week, featuring a built-in bitcoin wallet via the Breez SDK and a Nostr client enabling censorship-resistant communication with an open & decentralized network of bitcoinized AI agents.
Bitcoin is winning as store of value. But that's just Act 1.
Will you join us for Act 2?