Bitcoin evangelist Joe Hall tells The Agenda why he thinks BTC will conquer the world

Bitcoin evangelist Joe Hall tells The Agenda why he thinks BTC will conquer the world

“Bitcoin has such a marketing problem.” 

At least, that’s what came to mind for Bitcoin (BTC) advocate and Cointelegraph reporter Joe Hall when he was asked about the weaknesses and strengths of the popular cryptocurrency.

While not labeling himself a “Bitcoin maximalist,” Hall believes that most people — including crypto OGs — are shockingly unaware of what Bitcoin can do; and for this reason, he questions the necessity and future of most altcoin projects.

“They’re doing it with imperfect solutions that in the long term will rug-pull them or close enough to that. Because, let’s be honest, all of these crypto projects eventually collapse into Bitcoin, or they eventually collapse full stop. I mean, we saw enough of that last year. And, you know, in 10, 15, 20, maybe 40 years’ time, will Bitcoin still be running? 1,000%. Will Ethereum still be running? Question marks. And will the other 20-ish thousand crypto projects still be going strong? I’m pretty confident they won’t be.”

Hall proved his point by asking co-hosts Jonathan DeYoung and Ray Salmond to open up their Bitcoin Lightning wallets to accept the equivalent of $5 in satoshis. And after DeYoung downloaded the wallet and received the payment, both co-hosts were astonished at the speed of the transaction.

On Episode 13 of The Agenda podcast, Salmond and DeYoung spoke with Hall about his views on Bitcoin adoption and its “marketing problem,” his ultimate vision of how Bitcoin could eventually conquer the financial world, and how his experience as a Bitcoin evangelist has connected him with people all around the world.

It’s more than just money

Hall believes that Bitcoin is more than just money: It’s a revolution, a lifestyle, a binder of people and a builder of community.

Hall said:

“Bitcoin, to me, in my own words: It’s an expression of how we approach the world, I guess. I mean, it’s had an impact on me, in terms of my approach to people, to different cultures and in the way in which I interact with people — despite the fact that it is just a bunch of code on a screen. And because it’s rewired the way in which I look at the world and consider things, it’s taught me to be more skeptical and to not take things at face value. But it’s also delivered a lot of hope and a lot of sort of meaning to my existence that perhaps wasn’t there previously.”