Get advanced Bitcoin education here:https://www.bitcoinuniversity.com/In this video, I discuss Bitcoin white paper fundamentalists-- people who believe that all aspects or uses of Bitcoin are only valid if they are explicitly mentioned in the original Bitcoin white paper.These people never allow for Satoshi changing his mind on matters, or for the ability for anyone to use Bitcoin in a manner that they choose.Bitcoin is already a medium of exchange, because people are choosing to use it as a store of value that can preserve purchasing power and thus facilitate the acquisition of goods and services at a later point in time. No one saves in a currency that they expect to never be able to use.Repealing the capital gains tax on Bitcoin in the US would also help to accelerate its use as a medium of exchange. Not investment advice! Consult a financial advisor. Bitcoin white paper:https://bitcoin.org/bitcoin.pdfBitstein on Bitcoin as a "medium of exchange":https://x.com/bitstein/status/1697725561513349360Francis buying stuff with Bitcoin:https://x.com/francispouliot_/status/1824564991502021071https://x.com/francispouliot_/status/1820888709832524022BTC Map:https://btcmap.org/map#5/12.08230/-86.00098Bitcoin's tax treatment in the US:https://www.nerdwallet.com/article/investing/bitcoin-taxesSenators take a step toward a de minimis capital gains exemption for everyday cryptocurrency transactions:https://www.coincenter.org/senators-take-a-step-toward-a-de-minimis-capital-gains-exemption-for-everyday-cryptocurrency-transactions/I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #crypto #Satoshi Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=9-TUzEzNOZU