CryptoMediaClub
Thursday, July 31, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Bitcoin

Bitcoin Amsterdam: BTC shines in depths of crypto bear market

18.10.2023
A A
0
125
VIEWS
ShareShare

The Bitcoin (BTC) value proposition continues to be a source of confidence for investors and proponents amid prevailing depressed market conditions in the broader cryptocurrency space.

This was a key takeaway from in-depth interviews with Bitcoin developers, advocates, analysts and influential figures during the Bitcoin Amsterdam 2023 conference.

Jameson Lopp, the CEO of Bitcoin custody firm Casa, provides food for thought with less than a year to go before Bitcoin’s next mining reward halving. In a conversation with Cointelegraph, the Bitcoin advocate and software engineer said BTC’s value proposition has been a stronghold through months of tough market conditions:

“During the bear market, so many people have lost money on all these other tokens. Once again, Bitcoin is shining as the safer asset.”

Dylan LeClair is another prominent voice in the Bitcoin space who continues to advocate the fundamentals of the asset amid an unprecedented economic landscape in the United States. The Bitcoin analyst tells Cointelegraph that the average investor continues to “passively plow” into a basket of government bonds and U.S. companies in the hopes of making money over the long term.

Related: Bitcoin Amsterdam: Focus on BTC fundamentals, says Edward Snowden

LeClair admits that while no analyst can guarantee returns on investments in any one asset or vehicle, there is an increasingly strong argument for the long-term potential of Bitcoin:

“Nothing is guaranteed, but its fundamentals suggest that in a very long time frame, you’re going to be securing a very good store of value. Like how people used to buy property or buy gold, whereas it has digital characteristics.”

The analyst adds that Bitcoin continues to be a means for citizens of countries facing hyperinflation to safeguard and control their wealth:

“The people using Bitcoin — the true adopters — have more conviction than ever, and it’s more widespread than ever. People in third-world countries are using Bitcoin not because it’s fashionable or hyped. It’s because they’re using it to save them from losing everything.”

Cointelegraph journalist Joe Hall (right) hosts a panel featuring Rene Pickhardt and Jimmy Song during Bitcoin Amsterdam 2023. Source: Cointelegraph

Meanwhile, Bitcoin developer and educator Jimmy Song tells Cointelegraph that altcoins have detracted from the transformational potential of Bitcoin by “muddying the waters between centralization and decentralization:”

“We’re seeing how a lot of people think that Sam Bankman-Fried is somehow the CEO of Bitcoin — it’s just dirtying Bitcoin’s good name.”

Song also suggests that various cryptocurrency projects have co-opted Bitcoin’s reputation for their own gain, which has left unsuspecting investors the ultimate losers:

“People get confused, they get screwed out of it, and then they swear off crypto forever or something like that, not having ever understood anything about it.”

Prince Filip Karađorđević of Serbia spoke to Cointelegraph just before hosting a one-on-one with President Miguel Albuquerque of Madeira. The autonomous Portuguese archipelago is set to launch a Bitcoin business hub as a means to drive the adoption of the cryptocurrency.

Karađorđević has become a Bitcoin advocate in recent years and now works for Jan3, a Bitcoin firm founded by Samson Mow looking to drive nation-state use of BTC. Conversations centered around the potential of Bitcoin highlighted how the digital asset has different value propositions for developed, developing and first-world economies.

“In developing countries, you’ll see much more adoption there — countries that really have double and triple-digit inflation, your Lebanon’s, Nigeria’s, Argentina’s.”

Meanwhile, developed nations like the United States, the United Kingdom, France and Switzerland will see varying degrees of adoption dependent on regulation and education.

NSA whistleblower Edward Snowden stressed the importance of Bitcoin in combatting tyranny and governmental overreach while providing individual sovereignty of wealth during a virtual address at the conference.

Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.

Magazine: ‘Elegant and ass-backward’: Jameson Lopp’s first impression of Bitcoin

Share10Tweet6ShareSharePin2

Related Posts

Coinbase’s Astounding $100 Billion Milestone Amidst Bitcoin’s Record Surge
Bitcoin

Coinbase’s Astounding $100 Billion Milestone Amidst Bitcoin’s Record Surge

15.07.2025
0

BitcoinWorldCoinbase’s Astounding $100 Billion Milestone Amidst Bitcoin’s Record Surge The cryptocurrency world is buzzing with excitement, and for good reason!...

Read moreDetails
Bitcoin’s Unseen Ascent: Why Market Euphoria Is Still Ahead, According to Alphractal CEO

Bitcoin’s Unseen Ascent: Why Market Euphoria Is Still Ahead, According to Alphractal CEO

14.07.2025
Bitcoin Holdings Soar: The Blockchain Group’s Momentous Digital Asset Accumulation

Bitcoin Holdings Soar: The Blockchain Group’s Momentous Digital Asset Accumulation

14.07.2025
Bitcoin’s Astonishing Anomaly: Why Public Search Interest Remains Low Despite Record Highs

Bitcoin’s Astonishing Anomaly: Why Public Search Interest Remains Low Despite Record Highs

14.07.2025
Bitcoin Treasury Strategy: Unleashing Growth with The Blockchain Group’s $3.52M Boost

Bitcoin Treasury Strategy: Unleashing Growth with The Blockchain Group’s $3.52M Boost

08.07.2025
Load More
Next Post
Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch

Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

DAO Members Liable Under Partnership Law: California Ruling

DAO Members Liable Under Partnership Law: California Ruling

8 months ago
Marathon Digital Reports Record $387.5 Million Revenue in 2023, Marking a 229% Increase

Marathon Digital Reports Record $387.5 Million Revenue in 2023, Marking a 229% Increase

1 year ago
63% of Crypto Crime Now Tied to Stablecoins – Chainalysis Report

63% of Crypto Crime Now Tied to Stablecoins – Chainalysis Report

7 months ago
First Real-Life Assets to Be Tokenized Revealed

First Real-Life Assets to Be Tokenized Revealed

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

ChatGPT Predicts the Price of XRP, Shiba Inu and Cardano by the End of 2025

Prosecutors Investigating Ex-South Korean President Yoon Quiz ‘Crypto Fraudster’

Solana’s xStocks top $1.6B in first month of trading, largely driven by centralized exchanges

Shiba Inu Price Prediction: 602 Million SHIB Tokens Burned in One Go – Could This Be the First Step Toward $1 SHIB?

Bitcoin whipsaws below $116k amid largest hourly correction in two weeks; risks of further pullback to $114k

Pi Coin Price Prediction: Binance Listing Rumors Heat Up Again – Could PI Skyrocket Past $10? 

Trending

10 Million People Globally Targeted by Fake Crypto App Ads, Check Point Warns
All news

10 Million People Globally Targeted by Fake Crypto App Ads, Check Point Warns

31.07.2025
0

A global malware campaign has exposed more than 10 million people to deceptive crypto app ads, according...

Kraken Revenue Rises to $411.6 Million in Q2, Up 18% from Last Year

Kraken Revenue Rises to $411.6 Million in Q2, Up 18% from Last Year

31.07.2025
[LIVE] Crypto News Today: Latest Updates for July 31, 2025 – Bitcoin Holds $118K After Fed Keeps Rates Steady, ETH Trades Above $3.8K

[LIVE] Crypto News Today: Latest Updates for July 31, 2025 – Bitcoin Holds $118K After Fed Keeps Rates Steady, ETH Trades Above $3.8K

31.07.2025
ChatGPT Predicts the Price of XRP, Shiba Inu and Cardano by the End of 2025

ChatGPT Predicts the Price of XRP, Shiba Inu and Cardano by the End of 2025

31.07.2025
Prosecutors Investigating Ex-South Korean President Yoon Quiz ‘Crypto Fraudster’

Prosecutors Investigating Ex-South Korean President Yoon Quiz ‘Crypto Fraudster’

31.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz