![btcstoreofvalueheader4fd54.jpg](http://www.steemimg.com/images/2016/12/12/btcstoreofvalueheader4fd54.jpg)

People ask if bitcoin is such a good currency, why aren't people using it? Which is a sensible question on the surface, but it reveals some assumptions about where they're coming from. 

They live in a world where the most important feature of a currency is how widely it's accepted. Perhaps that's because they've always lived in a world where currency is counterfeit, and inflationary. Their currency continues to lose value every year, maybe by 2%, maybe by more than 100% in the case of the Argentine peso or Venezuelan Bolívar - but in any case, it will lose value. When you know the currency you hold is going to lose value, there is only one rational thing to do - spend it - and so most people see that as the primary purpose of a currency.

Of course, spending is only one purpose of money. Good money should retain value over time - and even increase in purchasing power. That's why, when people ask "Why are people just holding bitcoin, instead of using bitcoin?" to the educated ear, it sounds as if you're asking "If gold is such good money, why is your grandpa burying it in his backyard?" In reality, he's doing it precisely because it's good money.

<center>![btcstoreofvalue93033.jpg](http://www.steemimg.com/images/2016/12/12/btcstoreofvalue93033.jpg)</center>

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# About me

<center>[![kurt robinson in the mountains of puebla](https://www.steemimg.com/images/2016/08/26/pictureofmecroppedbdb8d.md.jpg)](https://www.steemimg.com/image/gsqzK)</center>

My name is Kurt Robinson. I grew up in Australia, but now I live in Guadalajara, Jalisco. I write interesting things about voluntaryism, futurism, science fiction, travelling Latin America, and psychedelics. Remember to press follow so you can stay up to date with all the cool shit I post, and follow our podcast where we talk about crazy ideas for open-minded people, here: @paradise-paradox, [like The Paradise Paradox on Facebook here](https://www.facebook.com/theparadiseparadox/), and [subscribe to The Paradise Paradox on YouTube](https://www.youtube.com/channel/UCgk8SgqO1VkpvKJ8YaUIrBA), and [on iTunes](https://itunes.apple.com/au/podcast/the-paradise-paradox/id952951514?mt=2)