The internationally acclaimed author and historian who has written 14 best selling books recently said “Bitcoin itself is only money in a very limited sense, which I would define as follows: It is an option on digital gold. By this, I mean that bitcoin’s role in the foreseeable future is as a liquid asset that is hard to confiscate, and thus serves as a type of insurance. You might hold your private keys the same way the European wealthy used to hold gold jewelry and precious stones. However, the experiment launched by Satoshi Nakamoto in 2008 is not yet finished. To own bitcoin today is to have an option on Satoshi’s experiment succeeding”.
