Since the creation of Bitcoin, the world of cryptocurrency has been very dramatic. Huge price increases, followed by sharp falls. However, some people have managed to make an impressive profit. Here are some of the billionaires who have decided to invest in Bitcoin.
Let’s meet these investors
Bill gatesAlthough he had shown his enthusiasm for Bitcoin before in 2014, when he told Bloomberg in an interview that Bitcoin was better than any other currency. Since then, he has retracted his comments, pointing out that the anonymity of digital currencies is not good for transactions.
Bill harris: Former PayPal CEO, is known to be one of the harshest critics of Bitcoin. In fact, during an interview with CNBC, Harris agrees that Blockchain technology has “incredible applications.”
Bill miller: A traditional investment legend, founder of investment manager Miller Value Partners, said in an interview with CNBC that he strongly recommends Bitcoin at current prices. In addition, it rated it as the “best performing asset class” in the last, five and ten years.
‘Bitcoin has been very volatile. But, I think right now his staying power improves every day. I think the risks of Bitcoin going down to zero are much, much lower than ever. “
Changpeng Zhao: It has under its possession Bitcoins and Binance Coin (BNB), the native asset of the Binance Exchange, which it owns and operates.
Indeed, in 2013, Zhao was playing poker with BTCC Bitcoin Exchange founder Bobby Lee in Shanghai, China. Lee told him to put 10% of his net worth in Bitcoin. Soon after, Zhao sold his house for $ 1 million and put it all in Bitcoin, when it only cost $ 600 per coin.
The attractive bitcoin
Dan Morehead: He is the founder of Pantera Capital. By the way, this was the first American mutual fund to focus exclusively on cryptocurrencies like Bitcoin in 2013.
Since its inception, the return on this fund has been over 24,000%, so investing in cryptocurrencies in your own fund has helped you generate even more wealth.
In this way, money has always attracted more money, so it is normal for tycoons and billionaires to exist in the world of Bitcoin, just as there is in the traditional world.
But, these characters have not only been called for the money of cryptocurrencies, but also for the many characteristics that Bitcoin possesses.
We continue with the list of those who have invested in Bitcoin
Daniel Colosi: You first invested in cryptocurrencies in 2017. Basically, with an initial investment of $ 5,000. To get $ 200,000 in just a few months.
Elon muskHe is a physicist, entrepreneur, inventor, co-founder of PayPal and Tesla Motors, among others. Ultimately, he made it known that he owned Bitcoin in 2019, after declaring that it is better than paper money as a medium of exchange. His Bitcoins were a gift from an undisclosed friend.
However, the CEO and founder of Tesla eventually revealed that he «is neither here nor there about Bitcoin».
Erik finmanIn 2011, he invested $ 1,000 in Bitcoins, which his grandmother gave him on his 12th birthday. Now, he has an estimated fortune of 4 million.
Since then, he has dedicated himself to creating his own online education company called Botangle. Which he created with his first earnings in Bitcoins.
In love with Bitcoin
Jack dorsey: The CEO of Twitter, has been in love with Bitcoin for many years. Even going so far as to facilitate purchases at his payments company, Square, in 2018. Dorsey has since suggested that digital currency could become the currency of the Internet.
The Winklevoss TwinsFollowing a legal battle against Facebook founder Mark Zuckerberg, the twins invested $ 11 million in Bitcoin. Later, they founded crypto exchange Gemini.
Mark Cuban: American businessman, investor, owner of the NBA’s Dallas Mavericks. Also, owner of Landmark and Magnolia Pictures cinemas.
Certainly, the entrepreneur entered the world of “digital gold” due to a partnership between the Dallas Mavericks and Bitcoin processor Bitpay.
“Now we are taking Bitcoin, please go buy everything in Bitcoin.”
Mark Zuckerberg: Since 2018 you have been particularly positive towards Blockchain technology, saying: «The technology that powers Bitcoin could help improve Facebook in the future».
Michael Novogratz: He is a famous investor, and currently serves as the CEO of Galaxy Digital Holdings. In short, this billionaire began to actively invest in Bitcoin in 2015.
Definitely popularly known as Novo, the unlikely hero of the cryptocurrency has maintained that: «Bitcoin is going to be digital gold».
Another group of billionaires
Michael Saylor: Founder and CEO of MicroStrategy, a publicly traded company in the United States. He announced that he had invested $ 425 million in Bitcoin.
Paul Tudor JonesWell-known billionaire, businessman and hedge fund manager Paul Tudor Jones claimed in May of this year that he had invested in Bitcoin for the first time. First, to protect against inflation that could result from the US incentive package for COVID-19.
Raoul Pal: CEO of RealVisionGroup, gave a statement in April this year: «To protect yourself from the possible negative effects of the looming global financial crisis due to the Coronavirus pandemic. You are investing a significant portion of your wealth in Bitcoin».
Ricardo Salinas Pliego: The second richest man in Mexico. He himself confesses to having 10% of his liquid assets in Bitcoin (BTC).
We close the list of billionaires
Stanley Druckenmiller: He stated during an interview with CNBC that «Bitcoin could be an attractive asset class in terms of store of value. For both millennials and west coast money».
“I own a lot more gold than Bitcoin, but truth be told, if the gold bet works, the Bitcoin bet will probably work better.”
Finally, there are more and more people interested in acquiring Bitcoin. From students to investors. So, have you already invested in Bitcoin? Leave us your opinion in the comment box.
I close with this phrase by Warren Buffett: «Never depend on only one source of income. Invest for a second».