2019-2-3 19:28 |
Despite the depressing marking condition, Max Keiser, a diehard bitcoin enthusiast, and highly reputed broadcaster still firmly believes that Satoshi Nakamoto's bitcoin remains a highly functional digital cash, according to reports on February 2, 2019.
Bitcoin Is Still The Digital Version Of Gold Despite Market DownturnPer sources close to the matter, Max Keiser has recently taken to Twitter and his popular television show, the Keiser Report, to state categorically that in spite of the super volatile nature of the world's flagship cryptoasset, Bitcoin remains the most authentic and purest version of digital gold.
Reportedly, Keiser and his sweetheart, Stacey Herbert explained that with the current state of the world, where chaos and destruction have become the order of the day, bitcoin, the number one blockchain-powered virtual currency is an excellent store of value.
Interestingly, the crypto big whale also noted that after carefully studying the Bitcoin whitepaper and discussing with cypherpunks, he has come to understand that Satoshi Nakamoto, the genius behind Bitcoin, created the digital asset with the picture of a peer-to-peer digital gold in mind.
“Satoshi's vision, based on his chats, the White Paper, and cypherpunk history is #Bitcoin = Digital Gold, he tweeted, adding
Satoshi’s vision, based on his chats, the White Paper, and cypherpunk history is: #Bitcoin = Digital Gold.
Now with 10 yrs experience in the market, the debate is over as all pretenders past and present have been crushed by the market. https://t.co/38ZYc9qWsJ
— Max Keiser, tweet poet. (@maxkeiser) February 1, 2019
Bitcoin Gives Power To The PeopleIt's worth noting that distributed ledger technology (DLT) the groundbreaking technology that underpins Bitcoin, has a vast array of capabilities, including immutability, decentralization and more.
Keiser, also reportedly said that bitcoin has entirely inherited all the essential properties of blockchain technology, making it easy for the cryptocurrency to function effectively as a decentralized store of value that eliminates third parties.
According to Keizer, the current slump in the price of bitcoin from an all-time-high (ATH) of $20,000 in 2017, to just above $3000, has successfully killed off all the fake hodlers.
In his tweet on February 1, 2019, Keizer stated that:
The reason the market is killing off all #Bitcoin pretenders claiming BTC is something other than digital Gold is because they don’t offer anything of genuine interest.
— Max Keiser, tweet poet. (@maxkeiser) February 1, 2019
While there are more than 2,000 cryptocurrencies currently in existence, Bitcoin has maintained its position as king, despite being criticized for its scalability and speed challenges.
In February 2018, reports emerged that Liberland a free state located on the Danube River between Serbia and Croatia had adopted bitcoin and other digital assets as its official currency.
At press time, the bears remain in control of the cryptocurrency market and the price of bitcoin sits at $3,469, with a market cap of $60.78 billion, as seen on Nomics https://nomics.com/#
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