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Michael Goldstein discusses the evolution of Bitcoin {BTC} with Anthony Pompliano on “Off the Chain”

Bitcoin

A new episode of the highly popular “Off the Chain” podcast is finally out! In it, Anthony Pompliano and Michael Goldstein debate over the king coin’s reach. Michael recognizes the Bitcoin project as quite ambitious and believes that it has grown beyond a tool chiefly used for darknet transactions.

You can listen to the entire podcast in a jiffy if you click on this link. Pompliano asked how Michael would respond to criticism of the king coin tied to its problems with centralization [Do note that mining farms in China consume a reasonable amount of space and energy too]. Michael spoke about how haters like to make inaccurate assumptions without conducting enough research on their own, as an address isn’t always linked to a single individual.

For Goldstein, Bitcoin is the future of currencies, which can help revive economies around the globe.

Bitcoin is the top-ranked asset ahead of Ethereum and XRP in the market. The price increased at a rate of 1.91% in the course of the past 24-hours. The trading volume recorded is $15.139 billion, while the supply has 17,922,150 BTC coins in play for now. As of this instant, the total market cap of Bitcoin is $189.549 billion which showcases an improvement compared to the value attained a day ago. BTC is priced at $10,576.19.

The next target for the king coin would definitely be the $11k mark. BTC has failed to head beyond this level for the last few weeks. Though it may encounter resistance, Bitcoin needs to break through and lead the way for the rest of the market.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.