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Expert: “Globalcoin’s Effort Is The Most Bullish External Tailwinds For Bitcoin In 2019/2020”

Facebook’s Globalcoin is all the news right now as many enthusiasts are very excited to see what it will hold. Experts of Bitcoin have begun to think about what kind of impact the social network will have on the crypto space (if any at all). Some are taking this discussion in a cynical manner saying that Zuckerburg’s pet project is a ‘trojan horse’ for governments to establish a 1984-like state in the space.

Blockchain Capital’s Spencer Bogart broke down his feelings on the matter in what was a pretty extensive Twitter thread. Starting off Bogart said:

For better or worse, Facebook’s crypto effort is among the most bullish external tailwinds for Bitcoin in 2019/2020 (topped only by reinvigorated push among central banks for easy-money globally)

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