Bitcoin Makes Sense To Everyone According To Bobby Lee
At the same time, some Bitcoin enthusiasts are arguing whether or not Bobby Lee is making these statements to ensure his company does not get scrutinised by government officials. To many people, it is still a mystery as to why Bitcoin would make any sense to them in this world. Although there are many use cases for this alternative form of finance, there are also a lot of misconceptions. Bobby Lee recently held a presentation at Stanford University to clarify a few things. It is rather positive to see Bitcoin industry experts take their time and educate the ‘masses” on why Bitcoin makes....
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The International Bar Association did a fascinating interview with Bobby lee. We have summarised the 45 minute long interview for you. Bobby Lee, the owner of BTC China the largest and first Bitcoin exchange in China. Previously an engineering manager at Yahoo as well as the vice president of technology at Walmart. His brother, Charlie Lee is also the creator of Litecoin. Recently, a video came out where he was interviewed by Rebecca Lowe over at the International Bar Association. “Bitcoin is not a far leap from my background, so to speak. It is in the world of finance, but it is very much....
In an earlier article, I conceded too much and suggested that Bitcoin doesn’t need to be a unit of account. What I should have said is that Bitcoin is a great unit of account—much better than the dollar. The objection that Bitcoin is not a good unit of account actually hides a circular argument that invalidates it. Bitcoin’s utility as a unit of account depends on what you already believe about Bitcoin. If you are skeptical of Bitcoin, then it makes no sense to use Bitcoin as a unit of account. If you believe that Bitcoin will become the world currency, then it makes no sense to use....
Bobby Lee, BTCC’s co-founder and CEO recently tweeted a bitcoin price prediction, which is between $5,000 and $11,000 by 2020, after the block reward halving. The entrepreneur, who regularly makes predictions, also stated the daily inflow would scale accordingly – from the current $2 million a day level, up to $5-$10 million a day. #Bitcoin price target in 2020; after block halving: USD $5k-$11k Assuming $5-$10 million daily flow into #BTC by then. (Today: $2m daily in). — Bobby Lee (@bobbyclee) February 26, 2017. Bobby Lee also reminded his 5,600 Twitter followers his “medium-term” price....
This week BTC China CEO, Bobby Lee, posted a compelling Tweet and was not afraid to voice his view in full support of the Bitcoin Blockchain. A Conversation with BTC China CEO, Bobby Lee. I had the chance to interview Bobby Lee for an in-depth look at why this industry leader continues to stand firm in support of the number one global public blockchain:....
The Bitcoin network is in dire need of a scaling solution and Bobby Lee urges the developer community to decide upon a network hard fork. The Bitcoin scalability debate has been going on for over a year new. Each time the topic arises, it ends in a stalemate. The Bitcoin community is currently divided between whether to use a hard fork or soft fork. While the Bitcoin Core developers are hell-bent on SegWit, not everyone in the community agrees with it. Bobby Lee, the founder of BTCC — one of the largest Bitcoin exchanges in the world has expressed his support for a hard fork. Bobby Lee in....