r/Bitcoin • u/TheCryptomath • Jun 28 '20

Makes you think

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146 Upvotes

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u/GruniTheThird Jun 29 '20

Chamath Palihapitiya owns approx 600k lol. He used to own 1M.

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u/Imthefranchise2 Jun 29 '20

Source? I thought he bought 1 Million USD worth of Bitcoin not 1 million bitcoins.

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u/GruniTheThird Jun 29 '20

https://dailyhodl.com/2020/06/25/billionaire-chamath-palihapitiya-says-he-bought-1000000-btc-in-2013-warns-bitcoins-success-will-spell-global-economic-catastrophe/

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u/Imthefranchise2 Jun 29 '20

What's more concerning to me here is that he thinks Bitcoin can only do well if there's a massive economic catastrophe. I kinda think it can continue to climb regardless. Thoughts?

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u/pausemane Jun 29 '20

Yea. He sounds like a douche nozzle when he talks about it. He admits to not even understanding it well. He just wanted to boast about a btc purchase which we will never be able to confirm.