This post is long overdue.

I talk about Bitcoin a lot. In any given week, I’ll have dozens of conversations about bitcoin with various people across different sectors. And like a pendulum oscillating every other year, the narrative of bitcoin not being a medium of exchange keeps coming back. I get it. When influencers from the community are pushing this narrative, people listen. They’re influencers.

But in this post, I want to set the record straight: Bitcoin IS a medium of exchange, now and in the future. What’s more, its future as a store of value (SoV) depends on its acceptance as a medium of exchange (MoE). Some of the people pushing the (false) dichotomy between bitcoin as a…

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