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BTC Sessions
WHY ARE WE BULLISH? John McGraw, Wesley Schlemmer, Kent Halliburton (Saz Mining) ep455
Nov 23, 2024
John McGraw, an event planner for a Bitcoin conference in Medellin, Wesley Schlemmer, president of the Bitcoin Bay Foundation, and Kent Halliburton, who leads SaaS Mining, share their insights on the booming Bitcoin landscape. They discuss an upcoming Bitcoin conference designed to foster community, innovations making mining accessible to everyone, and the exciting debut of the first Bitcoin parade float at Gasparilla. Their conversations highlight the importance of understanding and engaging with Bitcoin on a personal and community level.
01:23:44
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Quick takeaways
- Bitcoin's soaring value and low transaction fees suggest a significant opportunity for increased accessibility and user participation in the ecosystem.
- The launch of BTC Pay Server 2.0 empowers merchants to take full custody of transactions, fostering the adoption of Bitcoin in everyday retail.
Deep dives
Current Bitcoin Market Overview
Bitcoin is currently valued at nearly $100,000 per coin, signifying a volatile yet exciting time for the market. With a market cap nearing $2 trillion, the low transaction fees signify a potential increase in activity within the ecosystem. While there have been short spikes in transaction fees, the general trend shows that fees remain low, making it more accessible for everyday users to transact. As the market continues to evolve, observers are keenly watching how these fluctuations impact investment behaviors and user participation.
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