Chamath Palihapitiya, CEO of Social Capital and chairman of Virgin Galactic, explains what makes Bitcoin different than other traditional assets, why he’s bullish on it, and what is the trap most people fall into when they invest in new technologies.
? Useful resources we recommend:
7 Ways to Create a Sustainable, Passive Income for Life – https://wealth.yt/richdad
Best Crypto Online Courses: https://wealth.yt/cryptoversity
How To Profit From Crypto In A Short Time – https://wealth.yt/ultimatum
Get $25 Crypto Bonus & Earn up to 8.6% APY On BlockFi – https://wealth.yt/blockfi
Get 4 FREE Stocks On WeBull – https://wealth.yt/free-stocks
Secure Your Crypto Assets On Trezor – https://wealth.yt/trezor
Manage All Your Money Accounts From One Place – https://wealth.yt/capital
Get 50% Off Motley Fool’s Stock Advisor – https://wealth.yt/stock-advisor
Best Training On How To Launch A High-Ticket Online Business – https://wealth.yt/start-here
The Video & Music Library We Use: https://wealth.yt/elements
[Affiliate Disclosure – Our channel is viewer-supported: when you buy through those links, we may earn an affiliate commission at no extra cost to you. If you enjoy our content, and you’re interested in one of the resources above, please consider using our affiliate link. This channel is a personal project, and every little contribution will help us to keep it going. Thank you!]
Why I Picked Bitcoin Instead Of Its Alternatives | Chamath Palihapitiya
Chamath Palihapitiya is a Sri Lankan-born Canadian-American venture capitalist, engineer and the founder and CEO of Social Capital. Palihapitiya was an early senior executive at Facebook, joining the company in 2007 and leaving in 2011. He is a minority stakeholder and board member of the Golden State Warriors.
In this interview for the Unchained podcast recorded in June 2020, he explains why he believes Bitcoin will be the category winner. Hint: it has to do with simplicity.
0:00 – Why Bitcoin is an insurance
0:25 – Why a debt crisis is looming
2:35 – Why the US have a problem with short-term thinking
3:28 – Why Bitcoin is different than other traditional assets
4:55 – Why the best investment is always the category winner
6:45 – Why the best decisions are simple
7:52 – Why simplicity of ambition is key
9:16 – Why the future will be decentralized
#Bitcoin #BTC #ChamathPalihapitiya
Full interview (Credits): Chamath Palihapitiya: Why Bitcoin Will Be ‘the Category Winner’ – Unchained Ep. 178
? Related videos you might like:
Chamath Palihapitiya Warns ETH Holders! (Ethereum to ZERO!)
Chamath Palihapitiya on SPACs, Bitcoin, and the New World of Finance (w/ Raoul Pal)
Is The Bitcoin Bull Run Over?? ($42k The TOP!?)
Peter Schiff: Bitcoin still going to ‘collapse’; ‘death spiral’ of inflation coming (Pt. 1/2)
Why I Bought Bitcoin | Graham Stephan
? Get videos like this every week: http://wealth.yt/subscribe
Wealthy Value is an educational platform about business, global economics, and financial education. We help investors, entrepreneurs, and anyone looking to master the future of finance.
Every week, we post videos to help you master the game of money and build long-term wealth. You will find financial, entrepreneurial, and business wisdom from bright minds such as Robert Kiyosaki, Jim Rickards, Nassim Taleb, Warren Buffet, Jim Rogers, Ray Dalio, Peter Schiff, and many more.
Are you looking to become smarter and more financially literate in today’s changing economy?
? Subscribe here: http://wealth.yt/subscribe
Copyright Disclaimer: Wealthy Value is a web channel intended to provide business knowledge through video essays and analytical compilations. It is intended primarily for the purpose of encouraging informed discussions, criticism, and review of business topics and towards such purpose, the programs use short extracts of cinematographic films, sounds recording, and photographic works. These clips and extracts are of a minimal nature and the use is not intended to interfere in any manner with their commercial exploitation of the competition for work by the owners of the copyright. The use of works is in compliance with the fair dealing exception provided under Sec. 52 of the Copyright Act, and we asset our use of the works under the exception provided for criticism and review.