Tomer Strolight: “Why Bitcoin, The Series, #1. Why Choose Bitcoin”

Welcome to Why Bitcoin. Each article in this series is:
Short — only 2–4 minutes at most to read;
Entirely accessible to newcomers to Bitcoin; and
Offers some new perspective to even the most experienced Bitcoiners

Bitcoin is a vast subject, with countless facets, angles and perspectives. It can be looked at, thought about and appreciated in many ways. By writing very short pieces I hope to take a single snapshot of Bitcoin from a different perspective with each one, so that the reader may upon finishing, better understand the whole.

I hope you find these articles helpful, informative, enjoyable and enlightening.

Be well, Everyone.

Comments, questions, reach out at hello @

Follow Tomer Strolight – Website | Medium | Twitter

Follow TinyCryptoBlog – Website | Spotify | Medium | Facebook | Twitter | YouTube |BitChute | Odysee | Brighteon

The reading of the book begins at the 5:25 mark

#1 Why Choose Bitcoin?

Why choose Bitcoin? Why choose it as money?

The answer to this question lies in the fact that you can even ask it.

Let us recall, you are not asked to choose the dollar (or the Euro, the Pound, etc..). You are born into a world where the dollar is money and where the law says you must accept it as money and everyone around you accepts it as money. And so you take for granted that is money. But if you look closely you’ll see that the dollar isn’t particularly fair money, or very good money, or very hard money.

On the other hand, nobody has forced you, or anyone else for that matter, to use Bitcoin. Noone ever will. No law has been passed dictating that you or anyone must accept Bitcoin. So why should you start to think of it as money?

There are long lists of Bitcoin’s features that people give for why it is better than the dollar (and gold as well). But more important than any one feature is that bitcoin asks you to use it instead of forcing you to. You do not have to accept bitcoin, but you can if you choose to. And bitcoin plans to work hard to get you to do this.

To be your money Bitcoin needs to earn your confidence as well as that of hundreds of millions of other people. Think of what must be true for it to become accepted by a hundred million people, and then a billion of them when each and every one of them must actually choose it.

Moreover, to stay as money it must remain the best choice so that nothing better can come along and take its place.

These two reasons — the need to earn your choice and keep on earning it is what forces Bitcoin to become the best money in the world. Although there are lots of ways to describe Bitcoin, one fundamental way is to say that Bitcoin is a process of becoming and remaining the very best freely chosen money the world has ever and will ever see, according to those who choose it.

Really, how could the dollar, which commands you to use it, or gold, which cannot improve, compete with this? Neither can earn your choice. Whatever it is that people need from money, Bitcoin is the only entity in the world that will improve and adapt to best suit those needs. Interestingly, it turns out that one capability people value in Bitcoin is just how darned hard it is to change, how slow it is to change and how meticulously detailed every aspect of every change is. That’s actually a feature called incorruptibility.

So why choose Bitcoin? Because the very fact that Bitcoin needs you to choose it means that it must be worthy of your choice, which forces it to continuously be better money than any alternative. This creates a self-reinforcing cycle where it just keeps getting better and getting more people to choose it. And more people choosing it itself makes Bitcoin better money, which in turn gets more people to choose it, which makes it better, and so on.

Buy store gift cards, earn bitcoin. Use the debit card, earn bitcoin. Get .00005 bitcoin when you sign up

Get $5 when you sign up with Strike. Send cash instantly around the world at no cost, and buy bitcoin with only a 1.5% fee (Backed by Prime Trust)


Earn free crypto while you learn with Coinbase. Open an account with this link and you’ll receive $10 in free bitcoin for the first $100 of cryptos you buy or sell

lolli logo

Earn bitcoin while you shop online using Lolli

Trade cryptos, earn yields from crypto deposits, get a crypto-backed loan. Sign up and get $15 in crypto. (Backed by Prime Trust.)


Changelly is a good option for exchanging coins without having to use an exchange and the fees are reasonable

teepublic logo

Get crypto-themed shirts, stickers, mugs and more at Teepublic


Click here to download the Brave browser and block unwanted ads and earn rewards when you browse online 


Binance is a great exchange to buy and sell cryptos

Exodus-Logo side

If you want a good, basic crypto wallet for your PC, download the Exodus wallet


Download the Coinami wallet for both the PC and smartphone

Categories: Co$t of Crypto, Commentary and Opinions, Tomer Strolight

Tags: , , , ,

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: