IMHO, Bitcoin is more an evolution than a revolution: that's why it's going to have more lasting, changing effects on the economy.
With bitcoin, the money paradigm has gone full circle from commodity money (like cowry or gold) to elastic money (from the renaissance to now) to a new digital commodity money.
That does make some sense too, and using that theory allows us to transition to bitcoin from regular fiat without breaking the existing system entirely, we just have to move from one to the other at our own pace. With bitcoin, the money paradigm has gone full circle from commodity money (like cowry or gold) to elastic money (from the renaissance to now) to a new digital commodity money.
