Bitcoin is keeping to its new year’s affirmations by crossing $40,000 for the first time ever. Over the past 20+ days, Bitcoin has been on a surge scaling from $20,000 then crossing $25,000 up to 10 days later.
Bay Area Investor and Entrepreneur Chamath Palihapitiya appeared on CNBC and made a few bold predictions about the future of Bitcoin and cryptocurrency. Even at the current price per Bitcoin, we are looking at bargain-basement rates compared to its ceiling.
Who is Chamath Palihapitiya?
Chamath Palihapitiya is Founder and CEO of Social Capital, whose mission is to advance humanity by solving the world’s hardest problems. Social Capital is a technology holding company that backs breakthrough companies in areas including healthcare, artificial intelligence, climate change and space.