Why Bitcoin Is No Longer King of Cryptos For Payments | CoinPayments CEO

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David Lin

David Lin

Күн бұрын

Пікірлер: 122
@TheDavidLinReport
@TheDavidLinReport Жыл бұрын
Which cryptocurrency are you using to make payments with? Comment below and subscribe! FOLLOW COINPAYMENTS: Website: www.coinpayments.net/ Twitter (@CoinPaymentsNET): twitter.com/CoinPaymentsNET
@pongod5751
@pongod5751 Жыл бұрын
Confirmed...David quit Kitco because he wanted to release every day...well done!
@hd9g
@hd9g Жыл бұрын
The sheer variety of interviews has me hooked. Great job David!
@toddsellars4694
@toddsellars4694 Жыл бұрын
Another excellent show David. If you can please interview the people who helped create Alchemy Pay (ACH) - for their thoughts on crypto payments. John Tan (CEO), Shawn Shi (founder), and Molly Zheng (former CEO).
@MrT24-c4e
@MrT24-c4e Жыл бұрын
Lightning Network will do just fine for payments. People will get burned with "stable" coins they are risky themselves.
@Dranalli23
@Dranalli23 Жыл бұрын
Facts
@jackwalsh1468
@jackwalsh1468 Жыл бұрын
David, the glasses are a nice addition. You're looking quite classy and dapper, too. David, it may be of worth noting a statement from U.S. Senator Cynthia Lummis from the first "Bitcoin Conference in Miami, FL "Bitcoin will underpin the U.S. Dollar".... She has legislation pending that will have a huge future impact on the U.S. Crypto adoption/operations Cheers, Mate.
@Artillery-Vet
@Artillery-Vet Жыл бұрын
The ISO 20022 Compliant coins are the future chosen ones for digital asset payments. XRP, XLM, XDC, HBAR, ALGO, ADA.
@londiniumarmoury7037
@londiniumarmoury7037 Жыл бұрын
You forgot the most important one of all for some reason, Quant.
@gabbyhernandez1667
@gabbyhernandez1667 Жыл бұрын
Long-term investors know that the market and economy will recover eventually, and well positioned for rebound. Personally still going hard on this crazy market and I'm doing just fine. My portfolio currently up 43% right now. I am going to sit back and observe how this all plays out. adding more stocks at a time.
@gabbyhernandez1667
@gabbyhernandez1667 Жыл бұрын
My portfolio is very much diversified. I did it using copy trading system from a US regulated broker Camille Anne Hector. Tbh it's been a huge relief. Good earnings and little to no engagement at all on my part. Her stock picks are outstanding. I can tell you she's quite the genius in trading and portfolio diversification.
@gabbyhernandez1667
@gabbyhernandez1667 Жыл бұрын
You don't give out funds here. My account only mirrors her trades in real time that's the idea for this system.
@gabbyhernandez1667
@gabbyhernandez1667 Жыл бұрын
The lady I just recommended is a renowned advisor and knows what the heck she's doing. When you search her name on your browser her website is like the first thing that pops up. on there you can shoot her mail.
@gabbyhernandez1667
@gabbyhernandez1667 Жыл бұрын
She's verified. I mean she's worth her salt as a professional trader my aggressive portfolio still kicking in huge figures. I don't even worry about market trends anymore.
@reginabethwilson5279
@reginabethwilson5279 Жыл бұрын
@Micheal Putney Couldn’t have put it better myself. Last year a colleague introduced me to a financial consultant Camille Anne Hector. With her help I have been able to diversify by investing in different market and asset classes while also keeping an open eye for attractive stock picks. Look up her portfolio onliñe, I’m sure you will be amazed.
@peterryan5606
@peterryan5606 Жыл бұрын
Epic interview xrp is for instutions not retail
@hawkkim1974
@hawkkim1974 Жыл бұрын
So what's the difference between this crypto whatever and prepaid check card?
@XGiveMeLibertyX
@XGiveMeLibertyX Жыл бұрын
Wtf is a prepaid check card? The difference between crypto and anything that involves a bank is there is no bank it’s not rocket science. No government can seize your assets if they can’t get your keys.
@johnmknox
@johnmknox Жыл бұрын
I think a lot of people misunderstand Bitcoin. It is not really a crypto "currency". If you're using it to transact then you're doing it wrong so it is not a surprise that many other things are having a greater transaction percentage. Bitcoin is more of an asset, a digital gold if you will. Sean Mackay makes this point briefly nearer the end of the video.
@ferriver3985
@ferriver3985 Жыл бұрын
It's a roller coaster investment and not for the faint heart ❤️
@jayreal69
@jayreal69 Жыл бұрын
XRP and XLM.
@Fearzero
@Fearzero Жыл бұрын
Are centralized and less secure than bitcoin.
@jayreal69
@jayreal69 Жыл бұрын
@Fear Zero of course Bitcoin maxi.
@Fearzero
@Fearzero Жыл бұрын
@@jayreal69 These are facts you would know if you did some research.
@jayreal69
@jayreal69 Жыл бұрын
@@Fearzero I know 3 miners in China that can control the Bitcoin blockchain.
@jayreal69
@jayreal69 Жыл бұрын
@@Fearzero I'm not in love with any one coin, I'm a crypto maxi. My only concern is the value of the coins going up for big profits.
@joshuaeverett1314
@joshuaeverett1314 Жыл бұрын
Rolling em out Mr Lin, great guest after great guest, that really speaks to your affability, you've only been on your own this short time all these people have been on your show, that's gotta make you feel accomplished partner. Keep up the informative material, I can't keep up so they go to the watch later pile. Can't wait for Mr Pocatello again, love the way he says your name, "now David" haha keep rocking
@TheDavidLinReport
@TheDavidLinReport Жыл бұрын
Thanks for watching! Appreciate your support
@duckdive9334
@duckdive9334 Жыл бұрын
Sure... Bitcoin is based on Technology and Technology is always evolving!
@akeslx
@akeslx Жыл бұрын
Excellent interview! Thank you :)
@riyadhbaksh2415
@riyadhbaksh2415 Жыл бұрын
David, you really need to incorporate your fantastic violin 🎻 playing at the intro or ending of your videos. 👌🏽 classy af
@josephbower1861
@josephbower1861 Жыл бұрын
I think it is more likely for BTC, & ETH to retest the resistance to the upside and then move lower. But as always, things change on a daily basis and all we can do is to trade responsibly and keep track of the markets and re-evaluate our strategies frequently. I want to thank you FLOYD JOHNSON For being my source of crypto education, As I am comfortably making 9.5 BTC..
@patriciaekedi7749
@patriciaekedi7749 Жыл бұрын
Please, how do i reach Floyd?.
@theodorewiltrout
@theodorewiltrout Жыл бұрын
Best TA Man.. his method and strategy has increased my portfolio extensively....,
@kevinfart
@kevinfart Жыл бұрын
I see trading Cryptocurrency as freedom, but Hodling alone and not trading is similar to Banking which is slavery. After losing so much money on stock market I met FLOYd JOHNSON who help me to trade on cryptocurrency after trading on crypto currency and I made up to 15 BTC when I started at 3 BTC every week.....,,,
@markschafer9232
@markschafer9232 Жыл бұрын
I invest with Floyd too, he charges a 20%commission on profit made after every trading session which is fair compared to the effort he put in to make huge profits..
@samhamilton100
@samhamilton100 Жыл бұрын
Floyd has been helping alot of newbies and traders recover their losses from the crash, he is all we need right now.
@chlovado
@chlovado Жыл бұрын
A another bank hits the wall and Bitcoin is running. Hits the hedge of hedges, money supply goes up and so does Bitcoin, banks hit the wall and Bitcoin runs. It’s a win win win!!
@ProfRogers
@ProfRogers Жыл бұрын
XRP
@ahndeux
@ahndeux Жыл бұрын
Once in a while, its refreshing to hear stories about how you can lose your money quickly with get rich quick schemes. It reminds me of the South Park episode when Stan deposits his money into the bank. Aaaaaaaaaaaaaaaand.... Its GONE!
@GreenisYellow
@GreenisYellow Жыл бұрын
Bitcoin only ❤
@jamessmith1652
@jamessmith1652 Жыл бұрын
Hope Sean can invest in a good microphone next time!
@FilnetMgnigon
@FilnetMgnigon Жыл бұрын
Stable coins still carry counter party risk of the central banks and then the bank holding the stable coin backed funds. Then also the network that the stable coin lives on. Not comparable to Bitcoin at all
@brian6x
@brian6x Жыл бұрын
What's the point of stable coins when u can just use the USD?
@krasstian12
@krasstian12 Жыл бұрын
DASH 👍
@lionheart93
@lionheart93 Жыл бұрын
where is lobo?
@debl9157
@debl9157 Жыл бұрын
So if its integrated then wont it be considered centralized? Especially if u are doing the cbcd? Im curious as this doesnt make sense!! Where is the decentralized input without govt? Therefore, then arent we doing the same thing?? Just over the internet vs an actuaul fiat currency???
@orhanmekic9292
@orhanmekic9292 Жыл бұрын
Stable coins are always centralized. But it does have it's place. Market with the combination of decentralized and centralized currencies is probably most optional.
@lea5898
@lea5898 Жыл бұрын
I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year... Investment should always be on any creative man's heart for success in life.
@nissan38p69
@nissan38p69 Жыл бұрын
I am interested to know more and invest in Crypto please
@adamalker71
@adamalker71 Жыл бұрын
trading is easier with proper guidance, especially from a professional, Newbies who are not aware of how crypto truly works and wish to make profits from it, I would advise to invest with a professional like Fergus waylen, It helps secure and minimize the possibilities of losses.
@findingpath8362
@findingpath8362 Жыл бұрын
I'm honestly surprised that this name is being mentioned here, I stumbled upon one of his clients testimony last week in CNBC world news
@Richardson238
@Richardson238 Жыл бұрын
I was trading fairly a small account and I got over 200% within one month. We need more traders like him in the space to guide the teeming population of crypto enthusiasts and traders out there
@georgebasonathan4784
@georgebasonathan4784 Жыл бұрын
Please how do I start trading with Mr fergus Waylen ?
@ItsCalilum
@ItsCalilum Жыл бұрын
Middle man. What crypto is there to get rid of. Basically all cryptos are designed for self-custody. Custodial services run counter to that. Leeches. There are simple solutions to each of the issues he raised, for example, creating a new wallet for each client gives total clarity and compartmentalization. All automation is third party second layer software that could be run in-house, licensed or otherwise, there's no need for a custodian. Not saying he's a bad guy, but it is a parasitic model.
@marcelogenin3016
@marcelogenin3016 Жыл бұрын
Sorry. BtC for payments?
@Fearzero
@Fearzero Жыл бұрын
Lightning network.
@marcelogenin3016
@marcelogenin3016 Жыл бұрын
@@Fearzero ligthing is not btc. Bitcoin was not created to be a payment method. But Will be great if more Project like lighting network were created.
@Fearzero
@Fearzero Жыл бұрын
@@marcelogenin3016 My US customers pay me for small jobs. No transaction fees and instant. PayPal can suck it lol.
@michael2275
@michael2275 Жыл бұрын
Completely wrong take. Bitcoin still king.
@thehungergames8918
@thehungergames8918 Жыл бұрын
ETH 💰💪💪🤠✊
@Fearzero
@Fearzero Жыл бұрын
Is centralized and government compliant blocks. Also prohibitively expensive to use.
@businessclasstn1442
@businessclasstn1442 Жыл бұрын
Are U new to Crypto..... Bitcoin is Mother Crypto Industry.... See u in 2025 Bull Run 🤣
@GrandChessboard
@GrandChessboard Жыл бұрын
LOL, no QE is over. Welcome to the next Great Depression...
@Fearzero
@Fearzero Жыл бұрын
​@@GrandChessboard Not true. Adoption is growing. QE is inevitable BTW.
@GrandChessboard
@GrandChessboard Жыл бұрын
@@Fearzero BAAHAHHAHAHHAA
@Fearzero
@Fearzero Жыл бұрын
@@GrandChessboardYou need to pay attention more.
@genericsomething
@genericsomething Жыл бұрын
I'll just keep using Bitcoin and Lightning.
@harold415
@harold415 Жыл бұрын
The art of fake digital money
@Fearzero
@Fearzero Жыл бұрын
Gee if it's so fake then why is bitcoin worth 28000 times more than $1 USD? Learn math.
@ChoedanKal
@ChoedanKal Жыл бұрын
come on bro its 2023 put some effort into it. ya didnt even mention its backed by nothing🤷🏾‍♂️😂😂
@Fearzero
@Fearzero Жыл бұрын
@@ChoedanKal Who are you talking to?
@fredbear2648
@fredbear2648 Жыл бұрын
Stable Coins are fiat, of course that is what people want to spend, Bitcoin we hold as a store of value.
@cloudiermonk
@cloudiermonk Жыл бұрын
It's called Gresham's law
@c.e.g.670
@c.e.g.670 Жыл бұрын
I wanna use his software in Texas 😔
@WOLFanddBEAR
@WOLFanddBEAR Жыл бұрын
PEPE is King.
@Fearzero
@Fearzero Жыл бұрын
Lightning network makes all shitcoins irrelevant.
@IGNACASLTU
@IGNACASLTU Жыл бұрын
Why would I spend my BTC for anything? Of course I would use stablecoins for every day transactions. You don't go buying cars with a bar of gold.
@mikelew415
@mikelew415 Жыл бұрын
XRP HBAR GRT VET ✅ Btc and eth are top 2 regardless….
@FreemonSandlewould
@FreemonSandlewould Жыл бұрын
Use stable coins at your own peril. They will be sucked up by the central bank and you will no longer be free. Although this guy is probably talking his own book.
@PercyTP5161
@PercyTP5161 Жыл бұрын
Re,the journey from store of value to unit of account.....The Bitcoin Standard and The Bullish Case For Bitcoin covers that journey and how you go from one through to medium of exchange to the other :) Worth a read! Re transactions.....this is what Lightning is for, BTC will become the settlement layer that services are built upon.
@A.1.2.K
@A.1.2.K Жыл бұрын
Btc is King. 🔥
@cryptomon86
@cryptomon86 Жыл бұрын
This is bc btc isnt a currency as much as a store of value
@orcaloca5733
@orcaloca5733 Жыл бұрын
Tether, he said Tether??
@pawkie2
@pawkie2 Жыл бұрын
My bank informed me that cash payments or transfers will be converted temporarily into stablecoins transfered in and out again into whichever end use currency. It seems banks are ready for this. I think in time private keys will become illegal in some countries ie transfers will have to go through institutional intermediaries so that taxable activity can be assessed where appropriate.
@sang3Eta
@sang3Eta Жыл бұрын
Every single scam coin has claimed to be faster than Bitcoin so better. Right from the first one LiteCoin whos creator insta-mined himself a million. (No, it was not Satoshi).
@craigtaylor4613
@craigtaylor4613 Жыл бұрын
who cares, i don't know anyone who is paying for anything with bitcoin
@GameMakerX
@GameMakerX Жыл бұрын
🎉👍
@userjoe4321
@userjoe4321 Жыл бұрын
Sell bitcoin and buy precious metals or mining stocks.
@issenvan1050
@issenvan1050 Жыл бұрын
Dash?
@heinzyketchupy4175
@heinzyketchupy4175 Жыл бұрын
NFA …. 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
@hjhj6701
@hjhj6701 Жыл бұрын
btc is not for investment its for a hedge purpose eth is more like for investment and other tech related coins like web3 should be considered investment
@tomkarnes69
@tomkarnes69 Жыл бұрын
In a word: Scam Bankruptcy Fraud
@jimmydean4509
@jimmydean4509 Жыл бұрын
Brother is nervous 😅
@midlifecrisis7888
@midlifecrisis7888 Жыл бұрын
😂. Who’s this 🤡??
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