Bitcoin does look bullish right now. The coming halving could be a reason for recent price surges. Historically, Bitcoin has shown itself to be a hedge used to avoid risks and concerning global events. 2020 has had a dramatic beginning. If people worry about China or the global economy in 2020, switching to Bitcoin, just like purchasing gold, is a rational move.

With public service as their core value, the Phemex project donated 10K high-grade masks to the residents of Wuhan to assist with the Coronavirus. By contacting mask suppliers in Japan and hospitals in Wuhan, the team made sure the masks were delivered to the city. According to the team, a twitter user @piptitious helped them source the masks from Japan. Now that the Japanese government has raised some restrictions in sourcing the masks, the team is looking for alternatives to provide more help.

Justin Sun pointed to last year’s reshuffling of the TRX block rewards, which increased the inflation rate to almost 2 billion TRX per year. Meanwhile, the TRON hard cap was removed completely. In the same post, Sun stated that the reorganization of TRON’s block reward had nothing to do with him, or the TRON Foundation. Warren Buffett mentioned Bitcoin, not forgetting to criticize it. Buffett also cited why he didn’t think Bitcoin was a good investment. He recognizes the value of Blockchain and does not feel it is reflected in Bitcoin. Buffett thinks that people get protection from stocks and equity. The current US dollar system is doing this well. Bitcoin is simply a changing operation, with no added value. We disagree!

References:

Bitcoin Investing By Comedian Yumi Nagashima
https://twitter.com/emailshashwat/status/1226025218700763136
Fight Against Coronavirus- Phemex Donates 10K High Grade Masks
https://www.altcoinbuzz.io/cryptocurrency-news/spotlight/fight-against-coronavirus-phemex-donates-10k-high-grade-masks/
http://bit.ly/2RyTeSM
https://www.altcoinbuzz.io/cryptocurrency-news/spotlight/phemex-ceo-jack-tao-talks-about-coronavirus/
Justin Sun Bashes Ethereum but is he lying to his community?
https://twitter.com/justinsuntron/status/1225981108015259648
https://www.ccn.com/why-is-justin-sun-lying-to-tron-holders-follow-the-money/
Justin Sun finally shared a meal with Bitcoin skeptic Warren Buffett, Turns Into Dinner for Crypto Faithful
https://twitter.com/crypto/status/1225410049180344320
https://www.bloomberg.com/news/articles/2020-02-06/warren-buffett-lunch-turns-into-dinner-for-crypto-faithful
https://azcoinnews.com/warren-buffett-continues-to-criticize-bitcoin-but-supports-blockchain.html

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23 replies
  1. Emm See
    Emm See says:

    While everyone is fighting over Tron or Ethereum, we see Algorand slipping under the radar (with a Tether partnership just announced). Great time to get in on ALGO.

    Reply
  2. riCk in 305
    riCk in 305 says:

    Ur to funny buddy does the damn lunch everyone was crying about yet now u start with fud from a few months ago smh …. All i can say about TRX they keep making moves

    Reply

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