Chamath Palihapitiya Bitcoin - 'There is a AVALANCHE coming for Bitcoin!' | Bitcoin Price Prediction

Chamath Palihapitiya Bitcoin - 'There is a AVALANCHE coming for Bitcoin!' A Ethereum and Bitcoin Price Prediction

An AVALANCHE of Money is coming for Bitcoin.

In this video, Chamath Palihapitiya explains why, to him, Bitcoin is really a binary investment, it will either go to zero or over time be worth Millions of Dollars.

And due to an economic phenomenon called the Lindy effect, the likelihood of Bitcoin one day being worth Millions is getting more and more probable.

Many will know that Chamath Palihapitiya has been a long-time Bitcoin bull, however what many do not know is that at one point, Chamath himself owned over 5% of the Bitcoin supply and has an average buy price of just $80 dollars. Chamath has been an incredibly successful investor in technology and innovation so it pays to hear his opinion.

In this video, we will go over the core fundamentals of why Chamath believes there is an AVALANCHE of capital coming for Bitcoin and why he thinks all technology inevitable heads towards decentralisation and finally the economic phenomena called the Lindy effect.

Chamath Palihapitiya is a Canadian-American venture capitalist, engineer, SPAC sponsor and the founder and CEO of Social Capital. Palihapitiya was born in Sri Lanka, and moved to Canada with his family at the age of six. Palihapitiya was an early senior executive at Facebook, working at the company from 2007 to 2011.