What Chamath Palihapitiya Snowden Revealed About Shiba Inu And Why We Must Pay Attention
Chamath Palihapitiya And Crypto.
Billionaire investor Chamath Palihapitiya, the deep-pocketed brain behind tech investment fund Social Capital, started investing in Bitcoin nearly a decade ago. We don’t know yet exactly how much Bitcoin Palihapitiya owns, but it’s not a small bet.
“I was the one that backed up the truck in 2012 on Bitcoin,” Palihapitiya said in a recent Bloomberg interview. Last year, he joked about buying the Hamptons when Bitcoin hits $150,000 per share, converting the upscale vacationing spot into “sleepaway camps for kids, working farms, and low-cost housing.”
All jokes aside, the man clearly believes in Bitcoin as an investment vehicle. Should you follow his advice to put 1% of your investments in Bitcoin and other cryptocurrencies today?
The master investor’s Bitcoin vision.
Let’s start with a broader look at how Palihapitiya thinks about Bitcoin.
“I think Bitcoin is very important because it just shows the fragility of the traditional financial infrastructure,” he said later in the Bloomberg interview.
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