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Topic: [2019-3-9]Jack Dorsey: 3 Factors in Twitter CEO Bitcoin’s Prophecy (Read 191 times)

copper member
Activity: 364
Merit: 4
It is certainly resilient having died so many times before and still bouncing back. An internet coin is needed and bitcoin is the best option being the brand that everyone has heard of
legendary
Activity: 2702
Merit: 4002
Many rich people are expanding their assets with more and more assets. Those assets may be property, real estate, money and now we seem to see cryptocurrencies.
The advantage is that he buys BTC only, away from speculative shitcoins & tokens that are worthless and will end over time.
Perhaps Jack's trend is the future direction of many individuals to diversify their assets, especially with hyperinflation of many countries and economic wars.
copper member
Activity: 364
Merit: 4
A lot of people just talk the talk with no substance to back them . Jack is actively and publically purchasing bitcoin so he is not spreading fomo but believes what he says
hero member
Activity: 1666
Merit: 753
Quote
Bitcoin is resilient. Bitcoin is principled. Bitcoin is native to internet ideals. And it’s a great brand.

Certainly. I would agree with every point that he has made here.

Bitcoin essentially serves as a store of value, without having to be bound by the traditional notion of decentralisation only being achievable through physical elements which can be hard to verify to be pure, handle, and transport. You basically get the convenience of fiat (even more so when transacting online) with the store of value aspects of precious metals - which is the underlying fundamentals of bitcoin.

The fact is that with all the institutions showing interest in bitcoin, it is only a matter of time before the next bull market breaks out. I would say that given the increasing adoption and institutional interest, it's not hard to see BTC hitting another ATH during the halving near 2020. I also like his strategy with spacing out his buys, since it's very wise to dollar cost average at this stage in my opinion because of the low price levels.
sr. member
Activity: 966
Merit: 264
On CNBC’s Fast Money, Brian Kelly, CEO of BKCM, mentioned three vital factors which could push Bitcoin back to its former (2017) highs and see a complete recovery in the future.

In our recent post, we revealed that the CEO of Twitter and Square, Jack Dorsey, showed his interest in Bitcoin, the flagship cryptocurrency. Above all, he buys a maximum of $10,000 worth of BTC using fiat currency on a weekly basis.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/dorsey-bitcoin-prophecy/

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