The Value of Bitcoin

It is worth repeating, as even some advocates of monetary freedom seem confused about it – the value of Bitcoin is a function of its monetary qualities.

One a currency is deemed to be better than another one, not because it’s been provided and supported by authorities but rather because of its usefulness, that is because it’s a better and more effective tool to be used by its users; just as a steel hammer is a more effective tool than a wooden one, even if the latter bears an imprint of a some monarch or president’s face on it.

That aside, in monetary matters the use of this type of common sense seems to be virtually outlawed. This is definitely one of the life’s realms where the common sense is not that common at all. We’ve been, for example, taught that the value of money comes from a government mandate; that our respective currencies should somehow serve as a source of national pride for us; that inflation is the engine of the economy; and, last but not least, that there can be no money unless they have been printed by the central bank and enforced by the central authority.

It should go without saying that we’ve been lied to; and in a big way. And these are precisely the lies – taken as truths by the productive but economically illiterate class – which give their support to the greatest scam in history. According to the official version, money came into existence along with the birth of the state; proponents of such a view claim that without the legal backing from the state the value of an ounce of gold, for instance, would be nothing but a collective illusion. And what about the value of Bitcoin? A bad joke – not even deserving to be called an illusion.

I say let them believe that if they so wish (all the while Bitcoin adoption fuelled by financial and economic mistakes perpetrated and underpinned by the same kind of thinking expands in all directions). When they finally understand why so many people prefer Bitcoin to fiat moneys it will be too late to stop the advancement of the blockchain.

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Our Feedback

Vasco
Vasco
2021-02-13
It seems to work. After 4 days of waiting for confirmation of the transaction (I chose a low fee of 15 sat. per byte). It worked out on the third attempt (20 minutes after using the accelerator).
Naina Nasir
Naina Nasir
2021-01-13
This is a great find! Super quick and easy to use too if you're looking to speed things up when sending/receiving Bitcoin
Robert Harrison
Robert Harrison
2021-01-08
Perfect, thanks.
King
King
2021-01-08
This is a hidden gem for anyone sending or receiving bitcoin!
Watson
Watson
2021-01-08
Really good system and easy to use. One thing I would say is that it would be really great if you were able to also include the transaction with some mining pools who will mine it for you (and to guarantee that it will be confirmed that way.)
James morris
James morris
2021-01-08
Great system that I use to speed things up when sending bitcoin
Jenine Wunderlich
Jenine Wunderlich
2021-01-08
There are others that claim to offer the same thing but so far i've had the most success with btcnitro
Jose López
Jose López
2020-12-30
After I waited 5 hours for my transaction with no confirmations, I found this site and started to get confirmations within about 20 minutes. Thank you!
btc accelerator review

Article: Bitcoin stuck in mempool

A few hours later it got confirmed, but I think thanks to a bitcoin accelerator that I found and used. https://btcnitro.com
Should have looked before. This thing worked like a miracle. Next time if something like this happens I will be smarter. 😉

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