It’s been just revealed that Google started running Bitcoin ads once again. This is extremely bullish news and crypto Twitter notes.
Google ads for #Bitcoin are no longer banned.
That’s good news.
— Michaël van de Poppe (@CryptoMichNL) August 3, 2021
“See, now I have no clue what btc news is real or not bc of all the fake news trends earlier Man facepalming source needs to be listed too from now on,” someone posted in the comments section.
Another follwoer said: “working in this space, I cannot even tell you how massive this is.”
More people in the crypto space are celebrating the great news.
Despite the massive volatility in the crypto market, Bitcoin has been surrounded by all kinds of bullish predictions.
Latest Bitcoin bullish prediction
Alex Mashinsky, CEO of crypto lending platform Celsius, said recently that he’s standing by his prediction of Bitcoin ending 2021 somewhere in the $140,000-$160,000 range.
Bitcoin’s main purpose is a store of value
As reported by the Daily Hodl, in a new interview with Yahoo Finance, Mashinsky said that he sees Bitcoin’s main purpose as being a store of value rather than another specific utility.
“[Bitcoin’s] main purpose is a store of value, right. It’s not an exceptional form of payment. I think the dollar is the opposite. It’s an exceptional form of payment but not a very good store of value. I think there are many cryptocurrencies or digital assets that serve that purpose better, mostly stablecoins and other forms of digital assets,” he said.
He continued and said: “So I don’t think we should take this pristine asset and try to use it to clean the windows or something else with it. It’s very good for one thing and that’s store of value, and that’s what you should be using it for.”
Stay tuned for more news,