The CEO of Ballet Wallet says that BTC are a safe heaven
Bobby Lee, founder, and CEO of Ballet Wallet has told during a hub interview on Jan. 21 that regardless of Bitcoin’s recent 25% correction, its value will increase much more in the long run, and it is the real safe haven to the inflated U.S. dollar.
He said:
“Bitcoin will be more valuable in the future. The dollar is so inflated and devalued. Today’s 0.0003 Bitcoin may only be worth $10. But maybe five years later, 10 years later, 20 years later, it could be worth $1,000. At that time, the purchasing power of Bitcoin would be even higher.”
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He also believes that the recent bull run of BTC is fueled by the institutional investors and performing much better.
His exact words were:
“Some big U.S. companies, including MicroStrategy, are investing heavily in Bitcoin. In addition, some family offices are buying Bitcoin and exchanging some money for Bitcoin, which is a good promotion for it.”
Ballet Wallet, a physical multi-currency non-electronic cryptocurrency cold wallet with high durability and storage efficiency, can be used as a better key carrier to let the public know about Bitcoin, according to Lee.
He further says that the hardware wallets are hard to use. It takes several hours to understand and set up.
Lee predicts that in 20 years from now, digital currency will go mainstream just like the worldwide access to the internet for today. Most people in the world will hold digital assets, whether it’s Bitcoin or other digital currencies.
People don’t have to do any setup or configure any settings after receiving your ordered Ballet Wallet. The private and public address keys both are very secure.
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There are many hard-forked Bitcoins, these include Bitcoin Cash, Bitcoin SV, Bitcoin Diamond, Bitcoin Gold, etc. Lee believes the strength of Bitcoin is its true decentralization. He said:
“If you respect decentralization, you have to realize that Bitcoin can be forked at any time. Because if Bitcoin does not allow forking, that means Bitcoin is not open.”
Lee is a supporter of BTC hard fork, he says “the market will decide which one is the mainstream. Now it’s obvious that Bitcoin is the mainstream.”
He also added:
“ETH is more useful and valuable than Ethererum Classic. So later, ETC gradually became worthless. Although there may have been fund investment at that time, ETH is still the mainstream now.”
In a 2011 interview he has predicted this :
“Craig Wright may be Nakamoto. […] Besides him, David Kleiman may be the real Nakamoto. Third, Phil Wilson, also known as ‘county,’ wrote some articles about the early days of Bitcoin. […] Although he can’t provide any evidence, I think he might be Nakamoto, or maybe at least a core person behind Nakamoto.”