Bitcoin News and Finance
Journalist and Youtuber Tim Pool Believes 1 Bitcoin Will ‘Eventually Be Equivalent to $1 Million’ Skip to main content

Journalist and Youtuber Tim Pool Believes 1 Bitcoin Will ‘Eventually Be Equivalent to $1 Million’

Journalist and Youtuber Tim Pool Believes 1 Bitcoin Will 'Eventually Be Equivalent to $1 Million'

The American journalist, Youtuber, podcast host, and political commentator, Tim Pool, has talked about bitcoin on numerous occasions and even more so these days as the crypto asset crossed its all-time price high. After the Proshares exchange-traded fund (ETF) launched on the New York Stock Exchange (NYSE), Pool asked his 897,700 Twitter followers if they thought bitcoin would hit $200K.

Tim Pool ‘Feels Bad’ for People Dismissing Bitcoin

Tim Pool is a well known person on various social media channels due to the work he’s done as a journalist, show host, and commentator. When it comes to living in these modern times, Pool always has something to say in order to spark meaningful debate. Pool is a former member of Vice Media and in 2014 he also participated in Fusion TV. The activist is also well known for his live-streamed recordings of the 2011 Occupy Wall Street protests in 2011.

Journalist and Youtuber Tim Pool Believes 1 Bitcoin Will 'Eventually Be Equivalent to $1 Million'

These days, Pool hosts a Youtube show and podcast called “Timcast IRL” and he discusses things like politics, government, finance, specific people making headlines and a number of other subjects society deals with every day. In Pool’s last Youtube video, he discussed the buckling supply chain that’s been hurting the American and global economy. Pool has a lot of fans because he adheres to being objective when he reports, which is something the public accuses mainstream media of abandoning.

Pool is also a fan of the leading crypto asset bitcoin (BTC) and has mentioned it on several occasions. Last year in October, Pool discussed bitcoin alongside the ‘Great Reset’ subject as well. As bitcoin smashed through its previous all-time price high captured in April, on October 20 Pool said he believes a single BTC could be worth a million dollars. People still sh** on bitcoin and I feel bad for them,” Pool tweeted. “A local guy out here told me he just became a millionaire off his investment, bought in several years ago and forgot about it.” The popular Youtuber added:

It’s the rise of a new financial technology and I believe 1 BTC will eventually be equivalent to $1M.

Youtube Host Thinks Cryptocurrency ‘Is a Positive Force’

On September 21, Pool’s show featured author Matt Palumbo and the Youtuber discussed cryptocurrencies at great length. The title of the video is called: “Cryptocurrency Is a Positive Force as the Establishment Loses Control, but They’ll Try to Control It.” In the video, Pool talks about how Max Keiser tried to convince him to buy bitcoin in the early days, but at the time he passed. Pool also revealed some of the crypto assets in his portfolio, which include dogecoin (DOGE), bitcoin (BTC), ethereum (ETH), and cardano (ADA).

Prior to that video, Pool discussed the subject in another Timcast IRL video dubbed: “Tim Gets Animated About Bitcoin, Insists It’s Good For Many Things And Allows Greater Freedom.” During the discussion with the co-publisher of Human Events, Will Chamberlain, Pool stressed that BTC is “used to store value outside of the Fed.” In 2018, Pool said that “crypto can save free speech,” and he argued that digital assets can circumvent third parties that partake in financial censorship.

What do you think about Tim Pool’s latest statements about bitcoin possibly reaching $1 million per unit? Let us know what you think about this subject in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory