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Chamath Palihapitiya, one of the first employees of Facebook, has been extremely bullish on Bitcoin. He has made the rounds recently discussing how hodl’ing Bitcoin helps him to sleep at night. With all the rampant money printing going on, it’s easy to see why any person would want to get out of cash and into other assets. But the only crypto asset Chamath believes in is Bitcoin. But where does this leave our poor little Ethereum? Stay tuned today as we break down his thoughts and then I set him straight.
In today’s video, we examine Chamath Palihapitiya’s Bitcoin and Ethereum take. As a billionaire with a keen eye for making money, should we listen to his opinion on crypto or take it with a grain of salt? Find out what Chamath thinks Ethereum is worth and why I think he’s dead WRONG as I debunk the way of thinking of several billionaires.
00:00 Intro
01:25 Who is Chamath Palihapitiya?
02:50 Gates, Buffett, & Munger are no longer competent in the world of technology
04:20 Why Chamath is wrong
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version
