I have a genuine and simple question that i bet it was already asked before. Why is this sub reddit called BTC when the whole world knows thats the symbol of BITCOIN?
This is confusing a lot people and bringing misinformation for example for someone like me who happened to subscribe in here cuz i thought it was another bitcoin subreddit when its actually the Bitcoin Cash main sub reddit.
Reddit co-founder: Why I’m betting on bitcoin despite its volatility
This is the best tl;dr I could make, original reduced by 65%. (I'm a bot)
As an investor in Bitcoin and Coinbase investors, it's also little surprise that Ohanian remains particularly bullish on cryptocurrencies such as bitcoin, despite their volatility. "As a store of value, there is some real traction , and actually as we're seeing in countries like Turkey that are having significant economic crisis - where people are losing faith in the Turkish lira - we're going to see money move over to bitcoin because as unstable as it is, it is actually a lot more stable for a lot of people than their own nations' fiat currency," predicts Ohanian. Ohanian and Tan are just a few of the bigger names to invest in cryptocurrency, alongside venture capitalist Tim Draper, Digital Currency Group CEO and founder Barry Silbert, and Tyler and Cameron Winklevoss, who launched the cryptocurrency exchange Gemini in 2015. More.While bitcoin is slowly gaining more widespread acceptance as a currency to purchase say, jewelry. In mid-August, Coinbase CEO Brian Armstrong said the cryptocurrency exchange enabled users to trade $150 billion in cryptocurrency in 2017 and racked up 50,000 users a day. "No matter what the currency prices are doing, seeing more and more people creating accounts shows more and more adoption, and their end game is to be this interface between people, their fiat money and crypto - it would be the most user friendly trusted safe secure way to do it," Ohanian added.
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