CandleFocus Billionaire Chamath Palihapitiya Says Bitcoin Is the Future, Calls BTC the ‘Resounding Inflation Hedge’ Asset
2024-10-28
Author: Content Editor
Billionaire venture capitalist Chamath Palihapitiya believes that Bitcoin is cementing its position as the ultimate asset to protect against inflation. He sees Bitcoin overtaking gold as the top inflation hedge and advises against trying to time the market. Palihapitiya also suggests that nations may adopt Bitcoin alongside their native currency to help their citizens deal with rising prices. As of now, Bitcoin is trading at $67,760, up over 1% in the past day.
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