Revisit the video buy for $1 Bitcoin 10 years later

[ad_1]

While crypto advocate Davinci Jeremie expected to become a hero to his community after talking about Bitcoin (BTC) and why they should buy at least $1 of it 10 years ago, things didn’t pan out. proceeded as he had planned.

In an interview with Cointelegraph, Jeremie shared the story of how he found Bitcoin (BTC), what his community thought about it at the time, and what he thinks would help bring more people into Bitcoin.

Crypto influencer Davinci Jeremie on a call with Cointelegraph reporter Ezra Reguerra. Source: Cointelegraph

According to the crypto influencer, it all started over 10 years ago when a member of his community told him about BTC and asked him to take a look. At first glance, Jeremy, who is also a software developer, believed it was a scam since the double-spending problem was considered unsolvable. He explained:

I said okay, I’ll read the source code since I’m a software developer, and tell you what a big scam it is. Read the source code, read the white paper and realize: Oh, no. It’s not a scam.

After learning about it and realizing that BTC could be the solution to a huge problem in the monetary system, he made the trending video, asking his community to buy at least $1 worth of BTC. However, his expectations were a bit different from what happened. While he expected his community to be grateful for the information he shared, they didn’t respond the way he expected.

Every once in a while something happens that makes the poor rich because they got it really cheap. He was one of them. I thought I was going to be the hero of my community, but no, they thought I was crazy. They actually thought I was losing my mind, he said.

Related: Rising Institutional Interest Is a Bullish Sign for Crypto: SEBA Bank exec

While people have been missing out on this opportunity to buy BTC at this price a lot, Jeremie thinks it’s not too late to get into crypto. According to the influencer, only 2% of the population currently hold Bitcoin and Ether (ETH). However, the problem is that people want to have it all. He explained:

Everyone wants to have a whole bitcoin. Nobody wants to walk into a store and say, can I have 1/100,000,000th of an apple? They want everything. So, although Bitcoin is divisible, visibility is part of its Achilles heel.

The developer suggested that it might be optimal to have a Satoshi-based bitcoin wallet that displays balances differently. The software developer believes that showing people that for a whole dollar you can get some 100,000 Bitcoin Satoshis could potentially attract more people. It’s not as attractive to have those decimal places as a whole bitcoin, he added.

Magazine: Bitcoin is on a collision course with Net Zero promises

[ad_2]