I just read (and listened to (27 minutes)) How SPOT By Ampleforth Could Become Digital Cash To Bitcoin's Digital Gold by Martin Leo Rivers at Forbes (published Dec. 8, 2022).
Here's the WayBack Machine link for the referenced Forbes article in case it's ever deleted (I've seen many Forbes articles deleted).
To make a long story short the author says Bitcoin (BTC) cannot be digital (or electronic) cash because there's more reason to hodl it (save it) then there is to spend it.
The author did not (repeat, did NOT) mention bitcoin block size scaling (the real issue) nor the fact that Blockstream and well known Bitcoin Core developers are incentivised to focus on layer-2 side projects such as:
...rather than raise the Bitcoin block size limit.
The article is filled with banker-lawyer drivel-doublethink about SPOT / Ampleforth and fiat currency. They either think we're gumps or that they're highbrowed wizards (or both).
More about Ampleforth, AMPL protocol, FORTH protocol and SPOT protocol can be found at docs.ampleforth.org
I was thinking of emailing the author of the Forbes article but I believe this article is a better use of time and resources.
Article word count: 236
Count including updates (if any): 236
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