Bitcoin Is A Monetary Revolution – Claims BTC Investing App CEO

The cryptocurrency news today show that Bitcoin is a monetary revolution, according to the CEO of one BTC investment app who recently spoke to the public on the benefits of the dominant coin. Even though Bitcoin is not yet a go-to investment option in the eyes of the public, days like these could be coming.

When asked about what needs to happen for Bitcoin (BTC) to cement its role in the public eye as a valid investment option,

(CEO and co-founder of the investing platform Amber) said:

“This is NOT a technological revolution. It’s a monetary revolution – which takes (traditionally) centuries to manifest, whilst in the digital age, Bitcoin is likely to do it in decades.”

Ever since the 50% dive in March, the BTC price has generated a lot of fear and uncertainty, which is why the mainstream public has become increasingly interested in the pioneer asset of cryptocurrencies. “Bitcoin is a monetary revolution,” as Svetski notes, and its positivity comes during unstable mainstream conditions.

As business closures and coronavirus prevention measures took flight, markets have rebounded and since then, unemployment numbers provide rationale for continued concern. As a global asset, Bitcoin sits independent of any government control which may be attractive in times of economic uncertainty. As the BTC investment app’s Svetski explained, Bitcoin is a monetary revolution, and:

“The more holes that appear in the edifice that we call society; whether monetary, fiscal, social, political – the more people that will want to preserve their wealth in something immune to the tampering of the state.”

In the recent couple of days, the Bitcoin news now show a lot of mainstream entities expressing interest in the crypto industry. One of them was the billionaire Paul Tudor Jones and his BTC hedge move. Svetski mentioned two major reasons that are pulling the public into crypto and explained:

“I have a saying: ‘People will get into Bitcoin for curiosity or pain.’ I’d also add ‘greed’ but that can come under the banner of curiosity.”

Before this, we could even see the bank JPMorgan Chase changing its narrative on the crypto space. Recently, the bank announced the lending of its services to crypto exchanges, Coinbase and Gemini. This move shows a great contrast compared to 2017 when the banking giant’s CEO Jamie Dimon called BTC a fraud.