Chamath Palihapitiya Believes Bitcoin (BTC) Has Effectively Replaced Gold

Chamath Palihapitiya Believes Bitcoin (BTC) Has Effectively Replaced Gold
фото показано с : btcmanager.com

2021-9-30 15:00

Chamath Palihapitiya, Founder of Social Capital, has weighed in on the bitcoin vs gold debate. During CNBC’s Delivering Alpha conference, Palihapitiya, The billionaire venture capitalist, said gold had met its match.

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Billionaire Chamath Palihapitiya says Bitcoin Is The ‘best hedge against the traditional financial system’

The entire world is currently facing economic uncertainties following the ongoing trade wars, the most prominent one being between the United States and China. Investors are therefore seeking alternative assets to gold and the US bonds and bitcoin is gaining traction due to its capacity to maintain a fierce rally amid the harsh economic times.

2019-7-10 12:01