Well Known Investors Are Betting Big on Bitcoin Featured ...

Former Facebook Exec Chamath Palihapitiya On Social Media, Bitcoin, And Elon Musk (Full) | CNBC

Chamath Palihapitiya, owner of Golden State Warriors and former Facebook executive, addresses his recent comments on social media, his views on bitcoin, and his take on Tesla founder Elon Musk in a wide-ranging interview on CNBC's "Squawk Box."
It's a great interview for you guys to get a nuanced perspective from someone who has been doing a lot of soul searching in the wake of the social media craze and its effects on human society. Anyways, try to keep the conversation civil or at least more than 144 characters.
submitted by S_K_I to JoeRogan [link] [comments]

Bitcoin is Ultimate Insurance Against Autocracy: Golden State Warriors NBA Team Owner

This is an automatic summary, original reduced by 60%.
Chamath Palihapitiya, the owner of the $2.6 bln NBA team Golden State Warriors, recently stated that Bitcoin is the ultimate insurance policy against autocracy and currency curbs.
Palihapitiya described Bitcoin as the insurance policy against autocracy, or a government with absolute power, and currency curbs because of its decentralized nature.
For this reason, to prevent Bitcoin moving over to the over-the-counter market that is arguably much harder to oversee and surveil, governments were forced to adopt and regulate Bitcoin against their will.
Investors in China, the US and Japan have begun to rely on Bitcoin to protect themselves against abrupt financial troubles or currency curbs, essentially using Bitcoin as a wealth management product.
Such reliance and dependence on Bitcoin has led to a surge in the demand for Bitcoin and granted Bitcoin another identity apart from its primary identity of digital currency and digital cash.
Palihapitiya also commented on the comparison between digital asset Ethereum and Bitcoin, when he was asked why he personally prefers Bitcoin over Ethereum.
Summary Source | FAQ | Theory | Feedback | Top five keywords: Bitcoin#1 currency#2 against#3 Palihapitiya#4 digital#5
Post found in /Bitcoin, /BitcoinAll, /CryptoCurrency and /ethernews.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Bitcoin Price Will Hit $1 Million, Says Social Capital Founder

This is the best tl;dr I could make, original reduced by 19%. (I'm a bot)
Chamath Palihapitiya, founder of Social Capital and co-owner of the Golden State Warriors, voiced his opinion on the value and potential growth of Bitcoin in an interview on CNBC on Tuesday.
The business leader, who first invested in Bitcoin in 2012, indicated that he sees the price of Bitcoin rising massively in the next 20 years as adoption continues to grow.
Palihapitiya explains his prediction as based on the evaluation of Bitcoin as a store of value comparable to gold.
"This thing has the potential to be comparable to the value of goldThis is a fantastic hedge and store of value against autocratic regimes and banking infrastructure that we know is corrosive to how the world needs to work properlyI think this thing is a $100,000 a coin in the next 3-4 years, and in the next 20 years will be $1 mln."
The main argument, according to Palihapitiya, is that Bitcoin presents a hedge against potentially massive problems being caused by the current banking infrastructure.
Should the banking structure fail, Bitcoin is "Fundamentally disconnected" from the current platform.
Summary Source | FAQ | Feedback | Top keywords: Bitcoin#1 value#2 years#3 Palihapitiya#4 next#5
Post found in /Bitcoin, /bitcoin_uncensored, /CryptoCurrencies, /CryptoCurrency, /CoinTelegraph, /AllThingsCrypto, /Bitcoin and /BitcoinAll.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Making a list of notable bitcoin supporters

I am working on a list of notable bitcoin supporters. I am trying to focus on people outside of the bitcoin space or people notable for reasons other than bitcoin. I'm going to use this list when people ask me, "how in the world can you believe in something as crazy as bitcoin?" I know I am probably missing some very obvious people so please help me add some more. Thanks.
submitted by bubbasparse to Bitcoin [link] [comments]

Chamath Palihapitiya interview: Bitcoin Halving, BTC 2020 ... Bitcoin Fireside Chat with Chamath Palihapitiya Coinsumm it Chamath (Facebook billionaire + owner of the Warriors) dropping GEMS Backstage With Chamath Palihapitiya  Disrupt NY 2013 Colin Cowherd pissed off over part owner of the Golden State Warriors pushing Kyle Lowry

September 14, 2018. I was 800 meters away from billionaire CEO of Social Capital. Former senior executive at Facebook. Owner of the Golden State Warriors. Did I meet him? No. I didn’t know anything about him. I had no idea that only 800m away, one of the smartest people in the world was breathing the same air as me. The ground floor I was standing on, could very well have been the same floor ... Chamath Palihapitiya, Social Capital founder and Golden State Warriors co-owner, speaks about his investments in bitcoin and what he sees for the future of cryptocurrencies. Elsewhere, tech legend and part-owner of the Golden State Warriors, Chamath Palihapitiya ’s Social Capital invested in bitcoin (BTC) in 2013, when it was trading around $10. Palihapitiya disclosed the holdings in an investment call as he mulls taking the fund public. The exact amount of bitcoin Social Capital has bought and sold is unknown. On May 4 Facebook investor and owner of the NBA team the Golden State Warriors, Chamath Palihapitiya, told his 67,000 Twitter followers that bitcoin is a defense against value destruction. The investor is also co-owner of the Golden State Warriors basketball franchise. Bitcoin is up more than 2,000 percent in the last year and now trades above $16,000. Bitcoin futures trading ...

[index] [43462] [8559] [6251] [40772] [2112] [25474] [4957] [39293] [14778] [28020]

Chamath Palihapitiya interview: Bitcoin Halving, BTC 2020 ...

Social+Capital Founder, early Facebook employee and owner of the Golden State Warriors, Chamath Palihapitiya, joined us on stage at Disrupt NYC and gave some brutally honest answers to questions ... Chamath Palihapitiya is Founder and CEO of Social Capital, whose mission is to advance humanity by solving the world’s hardest problems. Social Capital is a ... Chamath Palihapitiya is a venture capitalist. Palihapitiya was born in Sri Lanka, raised in Canada, and has worked for much of his life in Silicon Valley. Palihaptiya is an owner and board member ... Here's what Chamath Palihapitiya, a venture capitalist, and co-owner of the Golden State Warriors has to say about Bitcoin... SOCIAL MEDIA Facebook - https://www.facebook.com/TodayinTechn... Chamath was an early senior executive at FB joining the company in 2007, before leaving in 2011. He is a minority stakeholder and board member of the Golden State Warriors, a United States ...