Too Long; Didn't Read
Bitcoin's value comes from the fact everyone accept it as a unit of exchange, after which point we can value it through MV=PQ. Bitcoin will continue to be volatile due to shifting expectations of how and when fiat will collapse, writes Daniel Sangyoon Kim. Bitcoin can still serve as a hedge against the chance of fiat’s apocalypse, he says. Read the Top Hacker Noon stories to learn about why Facebook created Libra, how Netflix vs Apple will pan out, how developing on Bitcoin is getting easier.