Chamath Palihapitiya Net Worth 2020: Age, Height, Weight ...
Chamath Palihapitiya Net Worth 2020: Age, Height, Weight ...
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Former Facebook Exec Chamath Palihapitiya On Social Media, Bitcoin, And Elon Musk (Full) | CNBC
INTERVIEW 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.
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.
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.
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.
Marc Andreessen - Cofounder of Netscape, and Andreessen Horowitz (early investor of Skype, Facebook, Groupon, Twitter, Zynga, + others). Sits on board of directors of Facebook, eBay, and HP, + others. http://en.wikipedia.org/wiki/Marc_Andreessen
Palihapitiya is founder and CEO of Social Capital. He was a former member of the senior executive team at Facebook. His firm has $2.6 billion of assets under management. The investor is also co-owner of the Golden State Warriors basketball franchise. ————— “I think this thing is a $100,000 a coin probably in the next three to four ... 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. 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. Chamath Palihapitiya, who first bought bitcoin years ago at an average price of about $100, still believes the cryptocurrency has much further … -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 … Golden State Warriors Owner Tweets Digital Currency Coke vs. Pepsi Analogy By Justin O'Connell on May 6, 2017 Chamath Palihapitiya, an owner of the Golden State Warriors professional basketball team, recently took to twitter to celebrate the digital currency Bitcoin.
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