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That's essentially what we're tracking—this destruction of fiat currency as Bitcoin starts to suck in the monetary base. I think what we're witnessing here is the birth of a new monetary base, which is no longer based on fear; it's based on consensus agreement that this has value and this thing is a value that can be stored online [and] digitally moved across borders within seconds. And, so, it's an Internet age technology. It's a new Internet age monetary
standard.
Willy Woo
Willy Woo: Bitcoin Is a New Internet Age Monetary Standard
Why Bitcoins December Price Target Is Now Above $300,000
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