Bitcoin News

Story: Brand Stamina of Bitcoin Is Spectacular and it is a Household Name Already

By Steven Anderson

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Jack Dorsey, CEO of Twitter has to state that no cryptocurrency will ever beat Bitcoin. 

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In a recent Episode of Stephen Livera Podcast, he stated that the principles behind Bitcoin were appealing to him.

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As a member of the hacking community at St. Louis Missouri, he opined, "The whole thing feels very native to the internet ideals, and that in reality appealed to be a lot.

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The protocol for BTC blockchain according to Dorsey is from Blockstream, a for-profit company.  Blockstream with Lightning Labs are developers of the Lightning Network. 

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Lightning Network is the Protocol for the BTC blockchain.  This protocol re-imagines the original ideals of Satoshi Nakamoto’s famous whitepaper.

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The brand stamina of Bitcoin is very spectacular.  It provides a lot of resilience.  It is a mainstream concept that is well-known to many households.

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Dorsey was questioned of why he was focusing so hard on Bitcoin when there are several other cryptocurrencies in the market.

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BTC according to him is the token that wants to be the currency when compared to most of the other cryptocurrencies which are looking to be several additional general purpose…

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Since Dorsey is one of the investors in Lightning Labs, it is not easy to tell if the appreciation of the technology behind Bitcoin is genuine.

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Even mentioning another cryptocurrency will be like they are talking against their product. An average Joe listening to such a podcast believes it is an impartial opinion.

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