The term “Bitcoin Standard” refers to an economic model where Bitcoin serves as the primary medium of exchange and store of value. In this framework, Bitcoin is not just a speculative asset but a critical part of the financial system.

Supporters of the Bitcoin Standard argue that its limited supply—capped at 21 million coins—makes it a hedge against inflation. Unlike fiat currencies, which can be printed at will, Bitcoin’s scarcity can help preserve purchasing power over time. The concept also implies a shift in how people view money and savings.

The adoption of Bitcoin as a standard means individuals and businesses might increasingly choose it for transactions, savings, and investments. This can lead to a more decentralized financial system, reducing reliance on traditional banks and government-controlled currencies.

As more people adopt Bitcoin, its role could expand in the global economy, potentially leading to greater price stability and wider acceptance among merchants and consumers alike. Ultimately, the Bitcoin Standard envisions a financial future dominated by this cryptocurrency, fundamentally altering monetary practices.