Tech investor Chamath Palihapitiya had previously claimed that bitcoin has replaced gold and would eventually get to $200,000.
Now says “crypto is dead in America.”
“The United States authorities have firmly pointed their guns at crypto,” The SEC has ramped up its enforcement of the crypto industry, bearing down on companies and projects that were allegedly selling unregistered securities. Comments reported on CNBC .
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Back in early 2021 this guy said BTC would hit $200K, citing, in part "our leaders are not as trustworthy and reliable as they used to be.” Maybe he has changed his mind on this? Then, just prior to the bitcoin price peaking at $69K in November of 2021 he was spruiking again, saying the token had effectively replaced gold
Gold
Gold is the most widely traded and important commodity. Prized for its historical importance and used for trading an exchange of goods, the gold market today is estimated at nearly $2.4 trillion.The value of gold fluctuates constantly, as it trades on public exchanges where it has a price that is determined by supply and demand. Gold has historically had tremendous significance and even today is extremely sought after. Gold has been used as a currency as it doesn't corrode, and the material allo
Gold is the most widely traded and important commodity. Prized for its historical importance and used for trading an exchange of goods, the gold market today is estimated at nearly $2.4 trillion.The value of gold fluctuates constantly, as it trades on public exchanges where it has a price that is determined by supply and demand. Gold has historically had tremendous significance and even today is extremely sought after. Gold has been used as a currency as it doesn't corrode, and the material allo
Read this Term
If you do like BTC, yesterday I posted this:
Spruikers may turn their attention to accumulating at some stage, perhaps?
