Chapter
Bitcoin's Growth in Network Effect
36:26 - 41:29 (05:02)
The network effect of Bitcoin has experienced a tenfold growth in the last three years, yet its price has only increased two-fold. The speaker shares how he analyzed signals such as the creation of wallets and old money investors using Bitcoin as a hedge to accumulate a position representing 25% of his total net worth.
Clips
Chamath Palihapitiya, CEO of Social Capital, discusses his decision to invest 25% of his net worth, totaling $245 million, into Bitcoin as a hedge against inflation, similar to Paul Tudor Jones and other traditional financiers.
36:26 - 38:24 (01:57)
Summary
Chamath Palihapitiya, CEO of Social Capital, discusses his decision to invest 25% of his net worth, totaling $245 million, into Bitcoin as a hedge against inflation, similar to Paul Tudor Jones and other traditional financiers.
ChapterBitcoin's Growth in Network Effect
Episode#141 - The 2020 MFM Award Show (with Andrew Wilkinson)
PodcastMy First Million
Investor Chamath Palihapitiya discusses the significant growth of Bitcoin's network effect compared to its price over the last three years and shares his bullish perspective on the cryptocurrency, comparing it to investing in euros as a strong currency.
38:24 - 41:29 (03:04)
Summary
Investor Chamath Palihapitiya discusses the significant growth of Bitcoin's network effect compared to its price over the last three years and shares his bullish perspective on the cryptocurrency, comparing it to investing in euros as a strong currency.