Bitcoin analyst Willy Woo is outlining why he believes BTC is a significant advancement in the history of money.
Woo, who earlier this week said Bitcoin whale movements are signaling a bottom, believes BTC is reinventing the monetary system.
Woo calls Bitcoin an event that happens once in 10,000 years and says it will reshape the monetary system as much as the advent of currency did in the agrarian age.
“The monetary base of civilization is about to be reset. More than reset – reinvented. People are looking at this as… Reinventing money – money gets reinvented every, roughly, 100 years. And I’m like going, well, if you look at when money was invented, it was the agrarian age, you know, so we shifted from not trading to actually using money in agriculture…
I think this is the same thing. We’re going from this kind of industrial age to a digital age, but, you know, it’s the real