I really like Bitcoin… It’s a store of value, a distributed ledger. It’s also a good investment vehicle if you have an appetite for risk. But it won’t be a currency until volatility slows down. —David Marcus, former CEO of PayPal[818]
The logical conclusion from this reasoning is that:
✅late stage securities whose price has stabilized are usable as currencies‼️
At a high level, currencies and securities can be thought of as being the same thing viewed at different times !
