Republican House Candidate Praises Bitcoin’s SOV And The Speed of XRP, DGB & NANO
- Amid the current crisis that has affected the stock market greatly, U.S congressional candidate David Gokhshtein recently revealed to his Twitter followers that he will be hodling his Bitcoin.
David Gokhshtein has taken to his twitter account to discuss cryptocurrencies including Bitcoin (BTC), Ripple (XRP), NANO, and Digibyte (DGB) with much emphasis on Bitcoin. Despite the recent improvement in the stock market situation, he was stern on his decision of not planning to sell his Bitcoin and gave his followers reasons why.
David Gokhshtein once compared Bitcoin to gold. He explained that we might not incorporate it into our daily lives for carrying out our ordinary day-to-day activities. However, he added that we will probably see it attaining the same status as gold today which is a store-of-value (SOV).
Means of quick payment
In the thread, he mentioned Ripple (XRP), NANO, and Digibyte (DGB). He went ahead to praise XRP which is currently the third-largest cryptocurrency all over the world. He said that in his view XRP was faster than NANO. This wasn’t received well on the NANO end and he said that the NANO community was well mad at him after that.
— David Gokhshtein (@davidgokhshtein) April 8, 2020
He, however, clarified himself on that point saying that he didn’t label NANO as not good but only meant that XRP is faster. His followers related to XRP praised his positive comments over the currency. He also suggested that LTC and DGB be used as a means of quick payment.
The DigiByte community has been really good to me, so shout-out to them. One of my favorite community projects in this space.$DGB
— David Gokhshtein (@davidgokhshtein) April 9, 2020
Nothing is for certain yet
Crypto enthusiast and CEO of Galaxy Digital Michael Novogratz during a recent interview by CNBC showed his discontent on Bitcoin. He stated that he might as well give up on Bitcoin unless it hits $20,000 this year. The future of Bitcoin seems to be uncertain despite all the praises coming from people after the recent increase in price. From the most recent statistics, it has been recorded that Bitcoin has hit a three months low volume.
#Bitcoin will not take over as the global currency.
When people say it will, it’s so misleading. Most are just pushing their own agendas.
Smart people know this is valid.
— David Gokhshtein (@davidgokhshtein) April 10, 2020