In a recent podcast session with The Agenda, the BTC evangelist and journalist, Joe Hall, explains why he perceives Bitcoin as a world-conquering asset.
Joe Hall stated that BTC is the cryptocurrency that could stand the test of time, claiming that it could revolutionize the world with its swift transaction speed as a payment option.
Besides being an innovation to financial issues, BTC could be a promising long-term alternative for investors if altcoin projects crash in the future, Joe implied.
Joe Hall Said BTC is not all about Money as Perceived
Ray Salmond and Jonathan DeYoung are co-hosts at The Agenda podcast
Recently, they interviewed Joe Hall, a BTC advocate, and reporter at Cointelegraph, in his opinion about BTC promotions and adoption.
Joe responding to the questions started to discuss the essence of BTC adoption and its potential.
Notably, Joe Hall demonstrated how fast transactions are with BTC to Salmond and DeYoung.
Joe carried out his demonstration by asking the co-hosts to accept Satoshi transfer with a $5 equivalence on their Bitcoin Lightning wallets.
Interestingly, Salmond and DeYoung were amazed at how fast the transactions were when compared with the traditional mode of money transfers.
He also shared how he made his day-to-day transactions with BTC though, his European Union tax payments are exclusive.
Notably, Joe stated that BTC could smack issues of wealth inequality and the wealth gap.
Again, he noted that BTC could tackle some environmental problems and transition to renewable energies.
Further, Joe stated that BTC is not all about money but it is a technology innovation that has become a lifestyle, a revolution, and a means by which people interact.
Bitcoin’s Price Action Indicating Potential Price Growth
Bitcoin’s price performance following its gradual global adoption is dramatic, hinting at potential growth in price in the nearest future.
Since the start of June, BTC has shown persistent price rallies amid fluctuations. On June 1, 2023, it was trading at $27,245 after which it increased to $27,315 in 4 days (June 5).
Although it dropped to $25,793 on June 6, BTC has regained its bullish momentum. It recorded $27,217 on June 7 and $26,346 on June 8.
However, today June 9, the crypto is trading at $26,606, indicating a 0.18% price increase at the time of writing.
Considering the recent developments in the Bitcoin ecosystem as well as the increased adoption of cryptocurrency in several payment platforms, BTC value could spike.
In correlation to Joe Hall’s opinion about crypto, BTC is likely to remain at the center stage of the market as the most valuable digital asset in the next 10 to 40 years, despite its marketing problem.
