On Wednesday evening I was on the Crypto Show to talk about several topics including, of course, the hottest topic of the moment which is the bitcoin fork that resulted in the emergence of Bitcoin Cash.
I mentioned how with any paradigm shift there are always bumps in the road, especially with a new technology. What has excited me the most about bitcoin recently - especially in the wake of the fork - is that the price wasn’t negatively affected whatsoever. In fact, the combined price of bitcoin and Bitcoin Cash resulted in a new all-time high valuation.
In other words, the result of this fork has really been a testament to bitcoin’s resilience as a decentralized currency.
On the show, I also talked a bit about my reservations regarding Segwit and that I remain concerned about it’s potential outcomes. I’ll be writing about this in the upcoming issue of The Dollar Vigilante newsletter to subscribers (subscribe HERE).
You won’t want to miss this show as it’s packed with lots of details associated with the future of bitcoin, Bitcoin Cash and crypto as a whole.
Check it out HERE:
I also want to announce that the ebook, The Book of Satoshi, which I wrote the foreword to, is now available for free to subscribers of The Dollar Vigilante newsletter thanks to the graciousness of its author, Phil Champagne.
Current subscribers can log into the Member’s Area of our website to access it (subscribe HERE to access now).
It’s an excellent book detailing all of Satoshi Nakamoto’s most important writings leading up to and launching bitcoin. It really lets you see the genius of the man.. or woman... or intelligence agency if you were to believe some conspiracy theorists.
I don’t believe Satoshi was CIA, MI6, Mossad or part of any other terrorist organization though. And I think his writings show this. He just wanted to create a currency that would rid this world, once and for all, of the scourge of governments and central banks.
And so far he has done a great job!