This is an opinion editorial by Roy Sheinfeld, the cofounder and CEO of Breez, a Lightning Network mobile app.

Ready for a hot take? Check this: Money has no inherent value. And, besides being a special kind of money that allows for disintermediated transfers, the same applies to bitcoin.

As banal as it may sound, money is just a means to an end. As a matter of fact, it’s a means to any number of ends. And those ends are what matter. Money — whether dollars, satoshis or the rai stones of Yap — is not valuable for what it is, but for what it lets us do. We transform money into experiences, and experiences are what make a life, not ledger entries. Everything else is bank propaganda devised to generate interest.

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By pplny

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