Who Should Be Crowned the Bitcoin Ambassador for the Year?
Crypto Guide
Live News

Who Should Be Crowned the Bitcoin Ambassador for the Year?

February 11, 2021      Godfrey

The year 2021 is still very young but the cryptocurrency ecosystem has a lot of buzzes, boosting the bull run carried over from December 2020 into the new year. We are beginning to see a lot of corporate bodies buying digital assets, with Bitcoin (BTC) being the most favored. 

The acclaim the global digital currency marketplace is seeing today is based on the unrelenting work of some hardcore bulls. Using social media particularly Twitter as a platform, many people are promoting Bitcoin in such a way as to drive positive public sentiments around the coin.

While there are tons of people personalizing the role of Bitcoin advocacy, a few of these wield tremendous power to sway more people to the side of the premier digital currency. Three of these will be briefly profiled, for any objective reader to decide whom the crown should go to.

Satoshi Nakamoto

Satoshi Nakamoto is the acclaimed and yet to be unmasked creator of Bitcoin. He is the key reason why there is a Bitcoin now worth over $840 billion. He created the system and launched the Bitcoin Whitepaper back in 2008, explaining the system ingeniously and academically.

The Bitcoin system Satoshi is self-sustaining, and since its launch, there has been no network failure. In fact, the revolutionary payment path created by Satoshi has served as a standard for other developers to create other systems.

Satoshi is no longer in the limelight today, but his revolutionary ingenuity will always make him one of the most relevant figures associated with Bitcoin today. 

Michael Saylor, CEO at MicroStrategy Inc.

Michael Saylor is doing an incredible job as a Bitcoin advocacy driving through his assiduous stride in getting institutions to shore up their balance sheets with the digital asset. As the Chief Executive Officer of MicroStrategy Incorporated, a business intelligence firm, Saylor has to lead his organization to buy as much as $1.3 billion worth of Bitcoins.

Saylor is a man who puts his money where his mouth is and is willing to talk about his decision to adopt Bitcoin as the Treasury Reserve Asset for his firm. Through the grant of interviews and podcasts, Saylor continues to spread the word about Bitcoin, and his efforts are paying off as the Bitcoin Playbook he shared with Elon Musk eventually paid off when the latter billionaire adopted Bitcoin.

Elon Musk, CEO at Tesla Inc.

Elon Musk, the billionaire CEO of the electric automaker, Tesla has long being a fan of cryptocurrency, with Dogecoin (DOGE) being his favorite. The CEO has been more vocal about his love for Bitcoin lately, and he recently updated his Twitter Bio to bear the “#Bitcoin” tag.

The CEO’s deep dive into Bitcoin was revealed during Tesla’s last earnings report, and the auto giant revealed that it has invested $1.5 billion in the asset. While Musk’s conviction to initiate such a large transaction with BTC might be traced in part to the role of Michael Saylor, the big bet the company made has had its own impact in shaping the overall outlook of Bitcoin, especially amongst publicly traded companies. 

The Tesla move stirred Bitcoin’s surge to a new all-time high above $47,000 and Musk can be commended for this historic feat. The vocal Bitcoin bull maintains over 40 million followers on Twitter, and his leadership can have a tremendous impact in shaping the future adoption of the asset. 

So Who Does the Bitcoin Ambassador Hat Go To? 

This piece is not aimed at promoting any Bitcoin advocate’s efforts over another, as the role of these and more prominent Bitcoin investors is considered influential in the space today. While others are also doing a great job in promoting Bitcoin within their spaces, who amongst these figures would you rather see as the Bitcoin Ambassador between Satoshi Nakamoto, Micheal Saylor, and Elon Musk?

READ  Benjamin Reynolds Should be Declared in Default- CFTC
#Bitcoin #Elon Musk #Michael Saylor #Satoshi Nakamoto
Godfrey
Godfrey

Godfrey is passionate about Blockchain technology and is both an active researcher and writer in the space. He has written for several Blockchain and crypto news site and relishes educating the public about the emerging tech. Besides being a diligent daily News writer, Godfrey has expertise in and covers contents related to technical analysis, Central Bank Digital Currencies (CBDCs), DeFi and opinion pieces. He believes that with constant awareness, everyone will be exposed to the potentials inherent in Blockchain and it's associated innovations.