BTC China Founder Bobby Lee Thinks the Bitcoin Revolution is Slow, But Irreversible
Bobby Lee, one of the most prominent figures in the blockchain thinks that the crypto revolution is irreversible. He made this prediction while commenting about the recent G20 conferance.
I wonder if @G20org World Leaders actually realize that they DO face a REAL Common Enemy now? 🤔
With #Bitcoin soon turning 10, national gov’ts are SLOWLY but SURELY losing their #monopoly & ability to issue (#fiat) money. It’s slow at first but this #revolution is irreversible! pic.twitter.com/Z62gJFouYo
— Bobby Lee – Ballet: Simple & Elegant Wallet (@bobbyclee) December 2, 2018
BTC China is the first and largest Bitcoin exchange in China. With the most buyers and sellers, they offer the highest liquidity of all exchanges. Bobby was previously VP of Technology at Walmart, China e-Commerce; CTO and SVP at BesTV New Media, Shanghai Media Group (SMG).
The Tweet is especially significant considering the anti-government sentiments when all the leaders of the most powerful nations have gathered. The Bitcoin maximalist continues by pointing out how important it is to HODL your Bitcoins. ‘Have faith', he says, ‘have patience and don’t panic sell. ‘Bitcoin is hard to understand. Many have/will mistakenly let go too early!'
Once you do BUY #Bitcoin, #HODL it tight, as it’ll likely go DOWN some (even 80%+ in some cases) before it goes UP (for your eventual 20x to 100x+ return).
Have #faith, have #patience and don’t panic sell. Bitcoin is hard to understand. Many have/will mistakenly let go too early!
— Bobby Lee – Ballet: Simple & Elegant Wallet (@bobbyclee) December 1, 2018
Lee has recently ramped up his support for the top crypto. At the Blockshow Asia 2018 he said:
“There will be a war on our freedom of money. Governments worldwide will do more and more to suppress Bitcoin. Especially in this bear market I urge you, if you are a true believer, if you truly understand the essence of Bitcoin, the impact of Bitcoin, about the new form of ownership, about the control we’re taking back, about the freedom of money, you should hold or ‘hodl’ Bitcoin.”
Lee had earlier predicted that the price of BTC can go as low as $3000 but the good news is that it is back to over $4000.