Bitcoin: The Ultimate Opportunity Cost


Attention, fellow bitcoin wealthy plebs; I’ve been summoned to write about the corn, and there is one topic that’s constantly in the back of my mind, creeping into every decision:

The Bitcoin opportunity cost.

Whether you’ve just started your journey down the rabbit hole or you’re already telling billionaires to “have fun staying poor,” by now, you’ve learned about the functions and characteristics of money. This is one of the first things about Bitcoin that stood out to me, as I hadn’t learned about it before. The money a society uses should function as a store of value, a medium of exchange, and a unit of account. Diving deeper, I learned about money’s different characteristics (scarcity, divisibility, transferability, etc.) and started to understand how societies grade money based on these characteristics to decide which forms of it are more desirable than others. 





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