Chamath Palihapitiya WARNING! Everyone is WRONG about the CRASH! Latest Update on Ethereum, Bitcoin
In Chamath Palihapitiya’s latest interview, he speaks on the latest Sell Off, the top investors, selling their stock, Bitcoin, Ethereum, Solana, NFT’s and why he thinks an inflation crash is coming.
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The Crypto Market, alongside the stock market, over the last few days have been crashing downwards, most notably Bitcoin which dipped back into the $40,000’s & Ethereum which got as low as $3500 dollars.
This is beginning to invalidate many of the top analysts models, such as Ethereum deviating from Bitcoin 2017, which Raoul Pal has been tracking, & Plan B’s Stock to Flow floor model, looking like it will hit a second big monthly miss in a row.
One investors, however, who stood against the rest and began taking flak for unloading his positions over the last few weeks, was Chamath Palihapitiya.
In his latest interview, Chamath speaks on what is going on in the markets and why he thinks there is worse to come.
Make sure to stick around to the end of the video where we will unpack the latest crash & see what happened, as well as cover the latest on-chain data.
About Chamath Palihapitiya:
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.
Credits:
To watch the full un-edited podcast (and subscribe to a great resource!)
check out the All-In Podcast here:
Original Post Date: December 4, 2021.
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TIMESTAMPS:
0:00 “Everyone is SELLING…”
1:57 Chamath Palihapitiya “Everyone is WRONG about the CRASH!”
3:05 Chamath: Crypto & Growth DRAWDOWN
4:05 Elon Musk & Satya Nadella are SELLING…
5:11 The World Is Moving Towards Decentralisation (Bitcoin & Ethereum)
6:40 WHY Inflation is only going to get WORSE…
7:50 The Collapse Has Already Been Set In Motion.
8:27 Why Did The Crypto Market Crash? (Explaination)
9:13 On-Chain Bitcoin Data (Where is the market going now?)
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#Ethereum #Bitcoin #Inflation