Saifedean Ammous argues that holding Bitcoin qualifies as using money because monetary use includes storing value, even if not used for daily purchases. He emphasizes Bitcoin's role as a store of value, contrasting with economist Lawrence H. White's view that Bitcoin's fixed supply causes price volatility, making it less reliable for routine transactions. Ammous expects Bitcoin's volatility to decrease as its market grows and believes Bitcoin could eventually surpass gold in market capitalization.
The discussion on Bitcoin's monetary use comes as Pluang's market shows a breadth of 6 rising and 43 falling major cryptocurrencies out of 50 tracked. Notable movers include FIL at Rp19.444 with a 4.41% decline, UNI at Rp128.838 down 4.35%, and THETA at Rp3.535 dropping 4.15%. These figures are as of Oct 14, 2026 23:11 WIB.
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