Revisiting the ‘buy  worth of Bitcoin’ video 10 years later
Revisiting the ‘buy  worth of Bitcoin’ video 10 years later

Cryptocurrency advocate Davinci Jeremie wanted to be a community hero after talking about Bitcoin (BTC) and why people should buy at least $1 worth of it 10 years ago, but things didn’t turn out the way he expected.

In an interview with Cointelegraph, Jeremie shared the story of how he discovered Bitcoin, what his community thought of it at the time, and what he thinks will help more people get into Bitcoin.

Cryptocurrency influencer Davinci Jeremie speaks with Cointelegraph reporter Ezra Reguerra. Source: Cointelegraph

According to the cryptocurrency influencer, it all started more than 10 years ago when a member of his community introduced him to BTC and asked him to take a look. At first glance, fellow software developer Jeremy thought it was a hoax, as the double-spending problem was “considered unsolvable”. He explained:

“I said, ‘Well, I’m going to read the source code because I’m a software developer and tell you this is a big scam.’ I read the source code, I read the white paper, and I realized, oh no, This is not a hoax.”

After determining that BTC could be the solution to a huge problem in the monetary system, he production The video later went viral asking his community to buy at least $1 worth of BTC. However, the development of things is somewhat different from what he expected. He hoped his community would appreciate the information he shared, but they didn’t respond in the way he imagined.

“Occasionally there are things that make poor people rich because they get something really, really cheap. This is one of those things. I thought I was going to be a hero in the community, but I wasn’t, they thought I was crazy. They actually thought I was crazy,” he said.

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While people may be missing out on buying Bitcoin at this price, Jeremy believes it’s not too late to get into cryptocurrencies. According to influencers, only 2% of the population currently holds Bitcoin and Ether (ETH). One problem, however, is that people want to own a whole coin, according to Jeremy, who said:

“Everyone wants to own a full bitcoin. Nobody wants to walk into a store and say, ‘Can I buy 1/100,000,000th of an apple? ” They want the whole thing. So while Bitcoin is divisible, divisibility is part of its Achilles’ heel.”

The developers suggest that it is better to have a satoshi-based bitcoin wallet that displays the balance differently. The software developer thought that showing people that “for a dollar, you can get hundreds of thousands of bitcoins” might attract more people. “Having such decimal places is not as attractive as the whole of bitcoin,” he added.

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