KSI, also known as Olajide Olayinka Williams “JJ” Olatunji, the prominent YouTube star, has said that Bitcoin (BTC) is the future. KSI belongs to the group of crypto investors who have made and lost a lot of money during the last Bitcoin crash.
It has been reported that the United Kingdom-based influencer’s latest interview showed his continued support and belief in the Bitcoin ecosystem.
However, answering the hypothetical question of “if you were prime minister,” KSI shared his interest to “give everyone £100 worth of Bitcoin” in the form of a stimulus package.
He said:
“I think Bitcoin is the future. It’s definitely going to be long term, but in ten years’ time, people who invested will be laughing.”
The report said that he also contrasted fiat currency’s ongoing inflation with Bitcoin’s price owing to the traditional practice of printing money. He further strengthened this claim by stating that “you can’t increase the amount of Bitcoin and that has value.”
Earlier, KSI had invested 2 million British pounds ($2.7 million) in cryptocurrencies, including Bitcoin, which at its peak, grew to 7 million pounds ($9.74 million). However, while disclosing the incident, he claimed to have lost it all as the digital assets “got liquidated because of the Bitcoin crash.”
He said:
“This is a long-haul thing and I’m here for the journey.”
Likewise, he also stated that the general public cannot foresee Bitcoin’s growth potential and is following a “get in and out” strategy.
Thus, reminiscing about his previous crypto investments, KSI claims to fully understand the crypto space and blames “over leveraging” as the primary cause of his losses.
Source: Cointelegraph | Image: Wallpaper Flare
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