Welcome to the Salt Lake Bitcoin Meetup! This month we will hear a pitch for why we should spend Bitcoin as well as saving it for the future. This debate goes back to the beginning of Bitcoin and largely caused the “Fork Wars.” Is Bitcoin primarily a savings tool, or does it have a place in day to day transactions?
Some Bitcoiners lean into the idea that they shouldn’t spend their bitcoin because it will be worth more later…….so instead I’ll spend my Dollars and save my Bitcoin. See Gresham’s Law. But can Bitcoin really succeed as our future currency without people using it as a “Medium of Exchange”?
📅 Wednesday, August 7, 2024
🕔 Time: 6:00 PM – 8:00 PM MDT
📍 Brewvies Cinema Pub
677 S 200 W · Salt Lake City, UT
👉 RSVP
✨ Salt Lake Bitcoin is a group focused on all things Bitcoin and The Lightning Network. We meet regularly for casual discussions and presentations on topics like the protocol and software, economics, self custody storage techniques and mining.