Connect with us

Bitcoin

Bitcoin [BTC] Jesus says Japan comes first in global cryptocurrency adoption

Avatar

Published

on

Bitcoin [BTC] Jesus says Japan comes first in global cryptocurrency adoption
Source: Unsplash

Roger Ver aka the Bitcoin Jesus, spoke about the Bitcoin/cryptocurrency market crash and said that waiting for the bottom and not knowing the bottom for the current bear market was exciting.

Ver added that he was a believer and said that the future of cryptocurrencies and Bitcoin was bright. He continued:

“I’m a fundamentals investor who started investing on fundamentals long term… There’s more awareness. There’s more adoption… happening all over the world. So of course, I’m incredibly bullish on the entire crypto coin ecosystem and Bitcoin Cash specifically.”

Speaking about the recent hacks and the uncovered Ponzi scheme, Ver said that it wasn’t degrading cryptocurrencies but in fact helping increase awareness. Ver added:

“And the fact that hackers are trying to hack it shows that is worth something. If it wasn’t worth anything or wasn’t useful. Hackers wouldn’t be wasting their time trying to hack it. So if anything, it’s just more bullish signals that cryptocurrency is here to stay. And here for the long term.”

Furthermore, Bitcoin Jesus agreed that Japan’s Financial Services Agency [FSA] had turned over the cryptocurrency regulation reins to the industry participants rather than bureaucrats, and said that it would be naive to let politicians in government offices control the regulations around cryptocurrencies. He said that customers and the industry players need to be in control of the ecosystem since they’re the most knowledgeable.

Ver said that Japan is the leading country when it came to cryptocurrency adoption, he continued:

“So of course, the standard the participants that know the most and have the most skin in the game so they’re the right ones to be handling this… So I was here long before the invention of cryptocurrency.”

A Twitter user Cryptomarket Intelligence replied:

“I agree with Roger on looking at the fundamentals. They are a much better indicator of the health of the industry than the price.”





Subscribe to AMBCrypto’s Newsletter




Follow us on Telegram | Twitter | Facebook



Akash is your usual Mechie with an unusual interest in cryptos and day trading, ergo, a full-time writer at AMBCrypto and a part-time novice trader.

News

Brad Garlinghouse on Facebook’s Libra, CZ on Binance U.S and more

Jibin M George

Published

on

Crypto News – 19 June

Bancor follows Binance, Bittrex’s footsteps: Decentralized trading platform, Bancor, recently announced in a blog post that citizens of the United States will no longer be able to use the Bancor application to convert tokens

Read more at https://bit.ly/2N75NFE

Jameson Lopp on Libra: Lopp speculates that it “sounds an awful lot like Proof of Stake” and like Ethereum, it will face the same problems

Read more at https://bit.ly/2IU3AIq

Crypto-news website sued: Photographer John Curtis Rice has filed a lawsuit against Cointelegraph, a popular cryptocurrency news website, for allegedly using a copyrighted photograph of Charlie Shrem

Read more at https://bit.ly/2MXBlhv

Delaware approves Bittrex’s Money Transmitter license: Bittrex, a leading cryptocurrency exchange in the United States, recently announced that Delaware had become the 42nd state in the United States to give it a money transmitter license

Read more at https://bit.ly/2Kt34nR

LongHash on Tether’s health: A recent LongHash report has claimed that despite controversies, Tether is ‘extremely healthy,’ scoring a health score of 90 on 100

Read more at https://bit.ly/2MXFrpO

Binance’s BTCB proposal: CEO CZ confirmed that a proposal to list BTCB on Binance DEX had been submitted

Read more at https://bit.ly/2IoMLpY

Nouriel Roubini on Bitcoin: Prominent Bitcoin basher Roubini cited British MP Alex Sobel’s article on cryptocurrencies to attack BTC again, calling it a ‘scam’

Read more at  https://bit.ly/2N4xW02





Subscribe to AMBCrypto’s Newsletter


Continue Reading

Trending