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A “well-known cryptocurrency expert” has asked for a bet with Berkshire Hathaway that the price of a bitcoin will top the notorious crypto skeptic’s share price by 2023.
Announcing the pending deal on Twitter, William Hill Australia CEO Tom Waterhouse said the unnamed investor wishes to bet 8.5 million AUD (6.3 million USD) — standing to net $ 1.2 billion if proven right. “Have put him in touch with large syndicate — hope he can get set!” Waterhouse added.
Early Bitcoin investors continue to bet on Bitcoin’s potential. For example, angel investor Jeffrey Wernick started investing in the “the currency of the people,” as he calls it, in 2009. Wernick believes that Bitcoin’s formidable power resides in the fact that its value “comes from its ability to solve the biggest problems with fiat money.”
In a recent Business Insider interview, Wernick gives details about why he started to invest in Bitcoin. And he describes how the shift in the relationship between government and people triggered his interest in gold and monetary issues.
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Jim Chanos — an American investment manager and founder of Kynikos Associates, a New York City-registered investment advisor focused on short selling — claims fiat currencies could bring the world down. However, he also claims that Bitcoin is “the last thing” he’d want to own in the event of a catastrophe.
In an interview with the New York City-based nonprofit think tank The Institute for New Economic Thinking, nocoiner Jim Chanos didn’t shy away from his negative opinions on Bitcoin and other cryptocurrencies.
Lydian Announces New Investment from Prolific Blockchain Investor, Chris Rouland and announcement of new advisors.
On February 10th, Lydian announced it has obtained a new investment and add two new advisors to its advisory board. Chris Rouland, a serial entrepreneur the founder of Endgame, Bastille Networks and most recently Phosphorus, a prolific blockchain investor, veteran in information security, and holder of a dozen patents related to Cyber Security, has joined Lydian as an investor and advisor. Ageesen Sri, a popular figure in the cryptocurrency community having over six years of experience in the cryptocurrency/blockchain ecosystem has also become a part of the Lydian team.
SINGAPORE, 2 FEB 2018 – Selected for Investors Award out of 16 other ICOs, the world’s first Blockchain & A.I. driven marketplace from dating, courtship to marriage, Viola.AI celebrates the 3rd place win at the biggest ICO Pitching Competition at Cayman Islands on 30 January 2018, organized by d10e, the leading conference on decentralization.
The judging of the pitching competition is based on 5 criteria – (1) Business model & scalability, (2) Team, (3) Investor terms and liquidity, (4) Solution of the problem, (5) Token model/token and proceeds distribution. CEO and Co-Founder of Viola.AI, Violet Lim took the stage and delivered her pitch before a panel of judges from the Blockchain Investors Consortium.
Facebook early investor and PayPal co-founder Peter Thiel bought millions of dollars’ worth of Bitcoin through his VC firm, Founders Fund, and that number is cited to be worth hundreds of millions today.
Peter Thiel runs the Founders Fund, a venture capitalist firm. Reports are showing that the firm purchased somewhere between $ 15 and 20 million dollars’ worth of the Bitcoin throughout 2017, and thanks to the massive price surge that investment is now worth hundreds of millions of dollars.
Legendary tech investor Roger McNamee believes that 2018 could be a decisive year for Bitcoin, allowing it to become fully legitimate in the eyes of the financial world.
While a number of financial analysts are bullish on Bitcoin, many others are still quite hesitant on the eventual fate of the cryptocurrency. Such doubters point to the crypto’s ongoing volatility and the number of major drops in value over the last year. However, tech investor Roger McNamee believes that the upcoming year could be a turning point for Bitcoin. In fact, he believes it’s quite possible that Bitcoin could become fully legitimate in the eyes of the business world.
Perth, 26 December 2017: Blockchain app Lympo has announced Australian cryptocurrency millionaire and fitness guru Jordan Travers as its newest ambassador to promote and reward healthy lifestyles.
Travers, a fitness trainer and holistic health coach, made headlines at the age of 21 after he grew a $ 2,000 cryptocurrency Ethereum investment to $ 1 million. He’s also the author of wellness book – Man Alive.
Keen to support the growing ecosystem of technology and uses for cryptocurrencies, the Melbourne-based personal trainer is throwing his wellness expertise behind Lympne’s innovative fitness app.
