Dominic Frisby, author of the newsletter Flying Frisby and chief commentator at MoneyWeek, believes that Bitcoin’s technological advantages position it as potentially the most widespread tool for online savings.
In his book Bitcoin: The Future of Money?, Frisby dismisses the notion that Bitcoin is merely a bubble reminiscent of the 1630s Dutch “tulip mania.” He views such comparisons as a convenient excuse for those reluctant to participate in a bullish trend. Interestingly, Frisby regards the tulip analogy as a compliment, noting that the “tulip mania” ultimately led to over four centuries of Dutch prosperity.
Frisby asserts that everyone on the planet should own at least a small portion of the world’s largest cryptocurrency, arguing that the greatest risk is not holding Bitcoin. According to him, many investors fail to fully grasp the technologies underpinning Bitcoin—similar to how people use cars or the internet without understanding their full potential.
A core argument he presents is Bitcoin’s fixed supply, which allows it to retain value over time, unlike fiat currencies that can be printed at will, potentially fueling inflation.
“Bitcoin is a secure, transparent, and manipulation-resistant asset, offering a clear advantage over traditional financial systems,” Frisby explained.
Previously, Frisby declared that we have entered an era where gold and Bitcoin will serve as primary assets for capital preservation and as counterbalances to the dominance of the US dollar. He emphasizes that both assets provide a stable store of value in a rapidly changing financial landscape, reinforcing the importance of including Bitcoin in personal investment portfolios.
