🔥 NEW: Economist Saifedean Ammous says Bitcoin's Value Must Keep Rising To Become Actual Money "In my view, bitcoin can't become money without its value rising, and its value can't keep rising without it becoming money." Ammous says price appreciation and monetary adoption are inseparable, as only large cash balances held by many people can make Bitcoin the preferred medium of exchange. He rejects both the view that rising prices discourage spending and the view that Bitcoin should stay a pure investment asset to avoid upsetting governments. If Bitcoin continues working as designed, further appreciation will drive natural use in trade, as people and businesses hold most of their cash in it.