Chamath Palihapitiya: Bitcoin Has Effectively Replaced Gold
The argument claiming that bitcoin is or will someday be better and more utilized than gold has received further support from the CEO of Social Capital Chamath Palihapitiya. In a…
Auto Added by WPeMatico
Rich Dad Poor Dad’s Author Now Invests in ETH After BTC and Gold
Robert Kiyosaki – founder of Rich Global LLC and Rich Dad Company – recently told his followers to invest in Ethereum before “the biggest crash in history.” Thus, the author…
Bitcoin Is Anti-Fragile, Says Morgan Stanley Executive
The Head of Counterpoint Global at Morgan Stanley Investment Management – Dennis Lynch – believes bitcoin has the ability to gain in times of economic disruption and he referred to…
Melanion Capital’s CIO Disagrees with Ray Dalio: Regulators Will Not Kill Bitcoin
Jad Comair – Founder and CIO of Melanion Capital – opined that regulators would not “kill” bitcoin if it becomes too successful. Such a move would be possible only in…
SEC Could Approve a Bitcoin Futures ETF by October, Says Bloomberg Strategist
The US Securities and Exchange Commission could greenlight a Bitcoin futures ETF as early as October this year, said Bloomberg’s Senior Commodity Strategist – Mike McGlone. He also doubled down…
Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling
Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to…
Here’s why Bitcoin might be safe from a global stock market crisis
BTC’s lack of integration with traditional finance and its inability to be forcefully sold to cover financial losses mean the price might not ‘collapse’ if there is a global stock…
Ray Dalio: If Bitcoin Succeeds, Regulators and Governments Will Try to Kill It
If the primary cryptocurrency’s mainstream adoption continues and the asset succeeds, regulators and governments will kill its progress, said Ray Dalio. At the same time, he believes most bigger countries,…
Gold Is Safe Like a Volvo, Bitcoin Is Like a Ducati Panigale, Says Austrian Investor
The Austrian investor – Ronald-Peter Stoeferle – opined that bitcoin’s USD value would skyrocket with unimaginable temps in the next decade. Still, he believes that the primary cryptocurrency would never…
If You Don’t Understand Bitcoin, You Are Old: Says Billionaire Cooperman
While still maintaining that bitcoin doesn’t make much sense, the US billionaire Leon (Lee) Cooperman recently indicated that those who fail to understand the cryptocurrency might just be too old.…