Bitcoin!

Billionaire venture capitalist and former senior executive at Facebook, Chamath Palihapitiya, calls Bitcoin the “single best hedge against the traditional financial infrastructure.”

In an interview on CNBC’s Squawk Box, the CEO of Social Capital says,

“We’ve had this conversation for five or six years. I’ll say the same thing I said six years ago when it was at $80 a coin, which is it is the single best hedge against the traditional financial infrastructure. Whether you support fiscal and monetary policy or not, it doesn’t matter. This is the ‘schmuck’ insurance you have under your mattress.”

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About Howard Mahere

I'm a Bitcoin/Cryptocurrency enthusiast !
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