LBN
  • Home
  • News
    • Altcoin News
    • Bitcoin News
    • Exchange News
    • Dogecoin News
    • Litecoin News
  • Charts
    • BTCUSD Chart
    • LTCUSD Chart
    • ETHUSD Chart
    • ETCUSD Chart
    • XMRUSD Chart
    • DASHUSD Chart
  • Education
    • Bitcoin Glossary
    • How to Trade Bitcoin
    • Why Use Bitcoin?
    • Bitcoin Wallet
    • How to Buy Bitcoin
    • How Can I Mine Bitcoin?
    • How Can I Buy Litecoin?
    • How Can I Mine Litecoin?
    • Current Bitcoin Regulation
  • Press Releases
    • View All Press Releases
    • Submit a Press Release
  • Advertise
No Result
View All Result
LBN
  • Home
  • News
    • Altcoin News
    • Bitcoin News
    • Exchange News
    • Dogecoin News
    • Litecoin News
  • Charts
    • BTCUSD Chart
    • LTCUSD Chart
    • ETHUSD Chart
    • ETCUSD Chart
    • XMRUSD Chart
    • DASHUSD Chart
  • Education
    • Bitcoin Glossary
    • How to Trade Bitcoin
    • Why Use Bitcoin?
    • Bitcoin Wallet
    • How to Buy Bitcoin
    • How Can I Mine Bitcoin?
    • How Can I Buy Litecoin?
    • How Can I Mine Litecoin?
    • Current Bitcoin Regulation
  • Press Releases
    • View All Press Releases
    • Submit a Press Release
  • Advertise
No Result
View All Result
LBN
No Result
View All Result
Fancy your DNA being on the blockchain?
Bitcoin News

David Wachsman: A BTC Revolution Is Coming

by Nick Marinoff
August 31, 2019
in Bitcoin News, Blockchain Technology, News
Share
logo

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000

Sign up

Bitcoin, at press time, is trading below $9,500 again, meaning it’s back to the same lows it was at roughly two or three weeks ago. The currency continues to sink following a nasty fall that saw it lose more than $600 in less than an hour just a few days ago, yet there are those who refuse to acknowledge bitcoin is anything less than perfect. Among these men is David Wachsman.

 Wachsman Says a Revolution Is Coming

Wachsman founded a company that shares his last name. This company is a global blockchain services firm, and he’s confident that despite bitcoin’s present trading price, the currency has not reached its end. He feels its blockchain is as powerful as ever, and the currency is on the brink of what he’s calling a solid “revival.”

In an interview, he states:

 We’re seeing a revival of bitcoin. It is the oldest blockchain and is in many ways, one of the slowest blockchains. The one that has certainly had its challenges in terms of upgrades, but bitcoin is experiencing an enormous social revival in our industry. It is amazing. Bitcoin is reliable, and that reliability has turned out to be something incredibly sexy.

One of the reasons he says bitcoin will always remain popular is because people trust it. Many of the new tokens, he claims, are frowned upon by long-term cryptocurrency enthusiasts, who fail to see their prowess or acknowledge their benefits. He explains:

 It is the tortoise and the hare story. The tortoise, which is bitcoin, seems to be racing ahead of the hare, which is all these other blockchains for the moment. As people look at how crypto has evolved thus far, they, unfortunately, see that there are not a lot of use cases that are at work today. We don’t have a lot of consumer grade products right now. Today, you can rarely use crypto outside of payments. That’s what it comes down to, and bitcoin works well as a payment method. There’s never been a transaction to my knowledge that’s ever been interrupted. It’s not really possible.

Bitcoin Is Just Respected

Many newcomers came crawling towards bitcoin in 2017 when its price was the most bullish. He claims that for the most part, people have seemingly lost interest in the coin and what it can do, but he’s certain this is about to change. He says:

 As for the people who have always been interested in the industry and the technology, I don’t know any who are not interested in bitcoin, so the average person in the blockchain or crypto space likes bitcoin more just because they have always like bitcoin. The new people who have come on, who really get the technology – who understand the power of the blockchain – all of them in some way, shape or form respect bitcoin.

Related Posts

Company Accused of Using COVID Relief Funds to Buy Crypto
Bitcoin News

Company Accused of Using COVID Relief Funds to Buy Crypto

The owner of the Carolina Fish Market in Ballantyne, North Carolina is in trouble for using a COVID-based loan...

by Nick Marinoff
September 21, 2023
PayPal is Now Issuing Its Own Stable Coin
Altcoin News

PayPal is Now Issuing Its Own Stable Coin

PayPal – the world’s biggest digital payment platform – has announced the release of a new USD-pegged stable asset...

by Nick Marinoff
September 21, 2023
Congressman Ritchie Torres Slams the SEC for Anti-Crypto Measures
Bitcoin News

The SEC Must Finally Decide on a Bitcoin ETF Application from ARK Invest

The Securities and Exchange Commission (SEC) is required to give an official decision regarding a new bitcoin-based exchange-traded fund...

by Nick Marinoff
September 21, 2023
EOS Price
Altcoin News

EOS Price Analysis: Technical Indicators Suggest Increase To $0.64

EOS price is eyeing a fresh increase from the $0.525 support against the US Dollar. The price is now...

by Aayush Jindal
September 21, 2023

Top Casinos

Crypto Casinos
Crypto Casinos
Bonus Finder
Bonus Finder

Press Releases

  • Alaya: The Pioneer of Artificial Intelligence Data

  • Zeebu Secures $25 Million in Presale Funding for World’s First On-chain Invoice Settlement...

  • Reef Labs $10M Accelerator Program COHORT 1 Begins, Paving the Way for Web3 Innovators

  • Registration for the Finance Magnates London Summit 2023 is officially open!

  • Tapbit Introduces Contract Copy Trading: Unlocking Profits for All Investors in the Cryptocurrency...

About us:

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. We cover BTC news related to bitcoin…

Follow us:

  • This field is for validation purposes and should be left unchanged.

  • About
  • Partners
  • PR
  • Advertising
  • Privacy
  • T&C
  • Contact
  • Trading Software
  • Online Casinos Germany

© 2023 Live Bitcoin News. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Altcoin News
    • Bitcoin News
    • Exchange News
    • Dogecoin News
    • Litecoin News
  • Charts
    • BTCUSD Chart
    • LTCUSD Chart
    • ETHUSD Chart
    • ETCUSD Chart
    • XMRUSD Chart
    • DASHUSD Chart
  • Education
    • Bitcoin Glossary
    • How to Trade Bitcoin
    • Why Use Bitcoin?
    • Bitcoin Wallet
    • How to Buy Bitcoin
    • How Can I Mine Bitcoin?
    • How Can I Buy Litecoin?
    • How Can I Mine Litecoin?
    • Current Bitcoin Regulation
  • Press Releases
    • View All Press Releases
    • Submit a Press Release
  • Advertise

© 2023 Live Bitcoin News. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.
Go to mobile version