Major Personalities from the Finance and Technology World Urge the Adoption of Bitcoin
There are many personalities in the financial and technological industry who have been aware of the Bitcoin phenomenon and the advantages that this digital currency brings, have come to regard the decentralized currency as a better system than gold and Fiat. On Tuesday, statements made by entrepreneur Mark Cuban who, changing his opinion on Bitcoin, expressed his support for the digital currency. In his Twitter account he wrote to his millions of followers that he had subscribed to Inside Bitcoin and that the others should do it immediately. He then began a debate with Bitcoin enthusiasts and said that the decentralized currency was in a bubble.
Now the owner of the NBA team and host of the “Shark Tank” broadcast is telling people that those who invest in bitcoin are real adventurers. This week, in a video of Vanity Fair titled “Mark Cuban’s Guide to Getting Rich”, the investment tycoon says:
“If you’re a true adventurer and you really want to throw the Hail Mary, you might take 10 percent of your savings and put it in bitcoin or ethereum…”
In addition to the recent “get rich” video from Cuba, well-known speaker and life coach Tony Robbins also spoke optimistically about Bitcoin. However, Robbins also has his doubts about the cryptocurrency and likens the investment to winning big or losing hard in Las Vegas. Robbins is a fan of index funds and has a similar sentiment towards bitcoin like Cuban which is only invest what you can afford to lose.
Robbins explains that people should consider some risks and be aware of them, to which I point out:
“I know it is just for fun that I’m investing, I know I could lose, this is Vegas.”
Apple co-founder Steve Wozniak said Bitcoin is a mathematician and is more legitimate than other systems, as well as being much better than gems or gold. Last June, Wozniak told CNBC that he started investing and playing with Bitcoin when it was $ 700 per BTC. In Money 20/20 this past weekend, Wozniak told Deirdre Bosa of CNBC that Bitcoin is a mathematical concept and as a mathematician he finds bitcoin to be better than gold and fiat currencies. The computer scientist explains that entities like the U.S. Federal Reserve can print dollars out of thin air for any reason. With bitcoin things are different Wozniak explains at this year’s Las Vegas event, stating:
There is a certain finite amount of bitcoin that can ever exist; and gold continues to get mined and mined and mined. Maybe there’s a finite amount of gold in the world, but Bitcoin is even more mathematical and regulated and nobody can change mathematics.
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