We continue with the coverage of the Unconfiscatable 2020, on this occasion spoke about how he began Bitcoin, and to do so, were in the panel of the different shapes of the ecosystem as: Peter Todd, Adam Back, Trace Mayer, Max Keiser and Stacy Herbert.
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Bitcoin as a new currency
During the panel agreed that Bitcoin began as a “new currency”, is still in the experimental stage, but with the already carried out commercial transactions, processes the purchase and sale of goods and services, as well as international transfers. The panelists pointed out that, it’s called Bitcoin, and for those who develop and promote is the currency of the future, the one that best responds to the technological advancement and, of step, that can eliminate the intermediation of banks and governments. Max Keiser, one of the criptoinfluencers more important today, pointed out that, Bitcoins is the answer to the need to create “a monetary system not based on laws or rules, but in mathematics and cryptography, there is no need for any authority to be established”. The panelists, highlighted the advantage of anonymity and the apparent robustness cryptographic system has made in a short time to expand the number of users and sites of exchange and promotion of this currency. Governments and the media begin to pay attention to this economy.
Bitcoin in 2011
The panelists also noted that during 2011, Bitcoin became known for the first time to the public in general, and it was enough to double his price. It was in this year when the maximum price of the Bitcoin record and was his first great rise historical of the price. They also mentioned that after the price peak in 2011, was succeeded by a long period of decline in November of 2011, assuming a fall of 94%. The price of the BTC would not get to these prices again until 2013. Panel on Bitcoin in Unconfiscatable 2020
Max Keiser
Keiser, is recognized for its defence towards the cryptocurrencies in general, dedicating a significant amount of their time to support the Bitcoin. It is a currency to what he sees as an asset [store of value, with important advantages over the gold. Thanks to the decentralization and self-management that characterizes the criptomoneda. In your underlined be “optimistic about the future of Bitcoin, in particular, when people finally realize how important it is for the global financial system. Max Keizer is convinced, and reiterated it in its participation, that Bitcoin is superior to gold. In addition, he stressed that you can’t avoid that people use Bitcoin. “This is money that you can control without any kind of government intervention”, declared Max, who finds that “Bitcoin is like gold, but without governments through”. The following two tabs change content below. Venezuelan, student of the last semester of Social Communication. Attracted by the new technologies and the development that they offer to humanity.