Too Long; Didn't Read
Gresham’s law states that “bad money drives out good money,’ meaning that given a choice of commodity of money, people will tend to use depreciating ‘bad’ money to buy goods and services. This statement generated a lot of interest among economists, and many of them tried to prove the contrary. People should also keep in mind that bitcoin doesn’t represent dollars. Digital tokens do represent some sort of value, because they allow you to do different things.