That digital gold became the go-to description is likely why we have a mishmash of ideas about bitcoin today; it’s a hedge, a store-of-value, a means of payment, a beta trade, a bet against fiat and, increasingly, a development platform. Everyone wants bitcoin to be everything all at once when in reality, over the past decade and half, it’s basically done just one thing really well: sopping up excess liquidity.
![wp-header-logo-235png - Eric Liboiron La Presse](https://i0.wp.com/ericliboironlapresse.com/wp-content/uploads/2024/07/wp-header-logo-235.png?fit=1200%2C628&ssl=1)