Velocity Enables Bitcoin as the Perfect Money

Modern money has 3 main purposes: 1) a store of value 2) a unit of account 3) a medium of exchange

Fiat money is a flawed financial system because it allows for continuous and imperfect interference into the system. Central banks print money and increase the error in the system.

Bitcoin is the superior money because it solves the shortcomings of fiat money except for transaction volume, speed, and ease of hosting money-related applications. Each of these shortcomings delay the inevitable adoption of Bitcoin.

it is still not convenient, fast or practical as a day-to-day currency. It also fails in providing a scalable platform to build financial applications on top of it - which has meant losing market share to other networks such as Ethereum.

Historically, this resulted in many blockchain networks aiming to solve Bitcoin’s perceived imperfections in the last 10 years. But the Bitcoin community understood: Bitcoin is more decentralized, secure and immune to agency risks.

The scalability issues prevented Bitcoin to capture its potential market value as it has not been adopted at a retail setting, a $29.3 trillion uncaptured market. The lack of development friendliness led to emerging networks - Ethereum, Solana, Avalanche and others - capturing peak value of over $1 trillion.

With our technology, Bitcoin can be used for fast and cheap payments at scale and allow solidity developers to build applications on Bitcoin. Velocity platforms the Internet on Bitcoin and unlocks trillions in market potential.

Velocity enables Bitcoin to replace fiat as the superior money by scaling Bitcoin’s transactions and convenience.