Brett Scott: How to Win a Bitcoin Street Fight

Coindesk | Feb 22, 2021 at 5:20 PM
  • In old gaming arcades there used to be two fighting games competing for attention.
  • It’s typical for Bitcoiners to whinge about inflation (Money Wars), before using Bitcoin’s rising price (Titans) to argue for why it’s a “deflationary currency” (Money Wars), that will be a great savings vehicle (Titans) to empower the unbanked (Money Wars).
  • All the rhetoric about an anti-inflationary money system that we find in Money Wars is really a fake marketing layer for Bitcoin, and is used by its promoters to get attention to help them in their true game.