Bitcoin Is Deflationary, Transparent, and Antifragile

What we are experiencing today is a technological innovation that is moving the nature of money itself from one form to the next, and that is something that has only happened a few times throughout recorded history. It is because we are talking about a fundamental restructuring of the nature of money, and not an asset bubble occurring within the confines of the prevailing monetary system, that we can apply the "this time is different" label to Bitcoin.