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....
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Ever since Sir Richard Branson announced his latest venture, Virgin Galactic, would be accepting bitcoin for short trips into the atmosphere, we haven't heard much on the topic from the company. Now, we're learning that about "six or seven" individuals have booked flights with Virgin Galactic using the digital currency, according to Branson - who's in Davos, Switzerland for the World Economic Forum. Each ticket on a Virgin Galactic flight runs at a whopping $250,000, and a number of high-profile people have signed up for the opportunity, including Justin Bieber and Lady Gaga. Virgin....
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....
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 […]
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....
Some incredible news coming from the one and only Sir Richard Branson today. The founder of the world-famous Virgin companies today announced via Twitter that his out-of-the-world venture - Virgin Galactic - will be accepting Bitcoins for space flights. The venture has set up a web page titled "Bitcoins in space" dedicated to their decision to accept the digital currency. The opening statement reads: Virgin Galactic is one of the universe's most exciting, futuristic companies. Bitcoin, the virtual currency, has really captured the imagination recently as one of the world's most innovative....