HOME CATEGORIES WRITE AND EARN 🔍
CATEGORIES WRITE AND EARN MORE

CRYPTO NEWS

Your favorite crypto news blog

Jack Dorsey And Michael Saylor Struggle to Convince Boxing Legend Mike Tyson To Choose Bitcoin Over Ethereum

Altcoins 2021/07/19 21:03 by Olivia Brooke
Jack Dorsey And Michael Saylor Struggle to Convince Boxing Legend Mike Tyson To Choose Bitcoin Over Ethereum

Billionaire Jack Dorsey and Michael Saylor have been top Bitcoin proponents for a while now, and part of their regular Twitter discourse includes evangelists educating their counterparts and other big names about Bitcoin.

Boxing legend Mike Tyson yes Bitcoin and Ethereum

Very recently, both CEOs’ joined the race to draw in boxing legend Mike Tyson, into the Bitcoin market, after Tyson quizzed the public on which asset they preferred between Bitcoin and Ethereum.

The former heavyweight boxing star, who had held all of the heavyweight boxing titles and was globally branded the heavyweight champion of the world back in the late 1980s’ is already a fan of NFTs.

After joining the market like other high-profiled celebrities, he set out to launch his first NFT line on the 8th of July, but it seems like the boxing legend wants more from crypto, hence his inquiry about Bitcoin and Ethereum.

Bitcoin proponents battle to sway Tyson to the market

Although he did not outrightly state that he was investing in any of the assets, going by the large number of Bitcoin proponents flooding his tweets, he’s likely to learn a lot more about Bitcoin than any other asset, thanks to Jack Dorsey and Michael Saylor.

Referring to Tyson on the “Bitcoin is hope” website, Saylor revealed that he was in the same boat as Tyson, before he made his first Bitcoin purchase.

In his words;

“Mike, I spent more than a thousand hours considering this question and chose bitcoin. So far, I have purchased $2.9 billion in BTC because I think it’s the future of digital property.”

Twitter’s Jack Dorsey quickly followed up Saylor’s tweet with a link on Bitcoin education for beginners. On the other hand, BSV proponent Calvin Ayre proposed BSV over BTC and ETH, while others proposed both.

How much influence do Bitcoiners have in the traditional market?

Clearly, Bitcoiners have an upper hand in influencing newbies from the traditional market who are looking to take a chance on Bitcoin, mostly because of Bitcoin’s wide adoption rate. 

While altcoins also have a large number of proponents, many big names who are looking to minimize risk tend to lean towards assets with large market caps like Bitcoin. Interestingly, many still argue that Bitcoin may not benefit from this grace if it loses its spot at the first position. But whether that is or isn’t the case, must be left to time. But again, a handful of Bitcoiners are certain that such a time (when Bitcoin is not the most valued asset by market cap) will never come.

0 Like(s)



You should also read...

Bitcoin 23/07/20 19:00 by Tony Spilotro
Here’s Why a Fund Manager Thinks Bitcoin Will “Punch” Past $10,500
It’s now been several months since Black Thursday and although markets are still reeling from the aftermath, risk appetite is returning. One crypto fund advisor says that this resurgence in risk app...
Read More
Altcoins 23/07/20 18:00 by Cole Petersen
Altcoins Could Start “Draining” Their Value as Bitcoin Pushes Higher; Here’s Why
Bitcoin’s price action has been overshadowed by the intense uptrends seen by many altcoins throughout the past few weeks. The benchmark cryptocurrency’s recent stability has provided an ideal back...
Read More
Altcoins 01/08/20 06:00 by Nick Chong
Crypto Tidbits: Bitcoin Explodes Past $11k, Ethereum 2.0 Nears, Cardano’s Shelley Launches
Another week, another round of Crypto Tidbits. It’s been an explosive week for the Bitcoin and crypto market, to say the very least. Bitcoin surged from under $10,000 to as high as $11,500 this...
Read More
Other 21/09/20 22:00 by Tony Spilotro
Top Defi Dogs YFI, LEND, and UNI Correct Nearly 20%
Bitcoin, Ethereum, and other major crypto assets all plummeted over the last several hours, but few have dropped as hard as top DeFi tokens, YFI, LEND, and UNI. Why have these once soaring altcoins pl...
Read More
Altcoins 04/03/21 02:00 by Tony Spilotro
Mark Cuban Slams Peter Schiff: Gold is Dead, Bitcoin and Ethereum Are Today
Mark Cuban hasn’t always been the biggest fan of Bitcoin, Ethereum, and other cryptocurrencies, but he’s recently come around as other Shark Tank investors have. Surprisingly, though, Cuba...
Read More