Palihapitiya Replies to Munger’s Bitcoin is a “Scum Ball Activity” Assessment

Palihapitiya Replies to Munger’s Bitcoin is a “Scum Ball Activity” Assessment

The Founder of Social Capital, Chamath Palihapitiya said Buffett, Munger, and Gates are wrong about their negative assessment of Bitcoin. Like Buffett and Munger, the Canadian venture capitalist is also considered something of a savvy investor. However, when it comes to cryptocurrency, that’s where the similarities end. Palihapitiya Defends Bitcoin During a CNBC interview, a […]


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Chamath Palihapitiya: Bitcoin is Moving Past 'Amateur Hour'

In a wide-ranging, pointedly honest and often funny on-stage interview with Bloomberg BusinessWeek writer Brad Stone at CoinSummit San Francisco on Wednesday, 26th March, venture capitalist and former Facebook and AOL executive Chamath Palihapitiya reflected on the future of bitcoin and on the changes the bitcoin ecosystem is undergoing right now. Though he had just flown in from Toronto for day two of CoinSummit San Francisco, Chamath Palihapitiya immediately opened his fireside chat on 26th March with a quote that arguably summed up the feeling of the conference, saying "I feel like I've....

Tom Brady Bestows Bitcoin To Fan In Exchange For 600th Touchdown Football

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Virgin Galactic Chairman Chamath Palihapitiya Says Bitcoin Has Replaced Gold

Virgin Galactic’s chairman and CEO of Social Capital, Chamath Palihapitiya, says bitcoin has effectively replaced gold. Having predicted that the price of the cryptocurrency would hit $200,000, the executive said bitcoin’s “market cap is just going to grow.” Palihapitiya: ‘I Can Pretty Confidently Say That Bitcoin Has Effectively Replaced Gold’ Virgin Galactic Chairman Chamath Palihapitiya talked about bitcoin in an interview with CNBC at the Delivering Alpha Conference last week. The billionaire executive is also the founder and CEO of....

Chamath Palihapitiya Predicts 7.3 Million Bitcoin Wallet Downloads in 2014

Former Facebook and AOL executive Chamath Palihapitiya has updated his projection on wallet downloads in 2014. In January, Palihapitiya, who is one of the largest individual owners of bitcoin, had predicted 11.5 million wallet downloads, but after the bitcoin price stabilised below $500 in the first quarter of the year, he has readjusted his forecast to 7.3 million. He shared this information via a tweet last night: If you are wondering why USD/BTC is depressed, here is our internal projection of wallets thru EOY 2014... pic.twitter.com/Fh23kFBolw. - Chamath Palihapitiya (@chamath) April....

Is Solana Getting A Bump And Dump By Chamath Palihapitiya?

Solana (SOL) was put in the spotlight after a clip from a big tech investors’ podcast, such as Chamath Palihapitiya, showed them joking about buying SOL with discounts and their intentions for its future. Many saw this as an open example of venture capitalists manipulating prices on the market and further damaging projects. The podcast […]