- Jimmy Song, a Bitcoin educator, developer, and entrepreneur recently moved to Twitter to appreciate the significance of Bitcoin again.
- While talking about cryptocurrency, Bitcoin is the most trending option for traders. It captures the largest market of the crypto ecosystem.
- The Bitcoin educator received flip-flop reactions from the users.
Jimmy Song, a Bitcoin educator, developer, and entrepreneur recently moved to Twitter to appreciate the significance of Bitcoin again.
Song over Bitcoin standard
The entrepreneur made a poetic assumption to users if there will be a world of Bitcoin standard than the government will have balanced budgets. Also, the companies make profits and we weren’t subject to monetary tyranny.
Imagine if governments had to balanced budgets.
Imagine if companies had to actually make a profit.
Imagine if all jobs had to add value.
Imagine if we weren't subject to monetary tyranny.
Imagine a world on the #Bitcoin standard.
— Jimmy Song (송재준) (@jimmysong) May 19, 2020
While talking about cryptocurrency, Bitcoin is the most trending option for traders. It captures the largest market of the crypto ecosystem, a well-known fact.
Talking more about the king of the coin, it came into existence in 2008 to provide a safe haven to the investors of virtual currencies. However, there was no other asset that could match the growth rate of Bitcoin. The popularity of Bitcoin also proved as the benchmark for other following crypto assets throughout the decade.
Bitcoin is a benchmark in the crypto ecosystem
The tweet by the developer acknowledges that Bitcoin is maintaining a standard in the financial world. Moreover, if we adopt Bitcoin than it would be easy to run a country’s economy.
However, Jimmy received flip-flop reactions from the users. One of the users said to imagine that Bitcoin has a healthy community while one user compared Bitcoin standard with fiat.
Though the world is battling with the COVID-19 pandemic or people are facing a global crisis or the sudden price crash of Bitcoin on Black Thursday, there are enthusiasts who believe that the day when Bitcoin will hit $100K mark isn’t very far away.