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Billionaire Optimistic on Bitcoin as a ‘Flight to Safety’

Published 04/04/2020, 01:00 PM
Updated 04/05/2020, 03:00 PM
Billionaire Optimistic on Bitcoin as a ‘Flight to Safety’
BTC/USD
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In an interview with Morgan Creek Digital founder, Anthony Pompliano, Chamath Palihapitiya, billionaire CEO of venture capital firm, Social Capital, said that now could be Bitcoin’s time to shine.

“I think Bitcoin needed a moment like this for it to be relevant,” Palihapitiya said. “It’s still a speculative instrument, and it’s too speculative for it to be reliable,” he explained.

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