SoFi CEO on launch of crypto trading: Blockchain and crypto are a supercycle technology just like AI

    SoFi CEO Anthony Noto joins ‘Squawk Box’ to discuss the launch of crypto trading on its platform, how the product stacks up against the competition, his thoughts on bitcoin and crypto, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g

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    23 Comments

    1. Bitcoin should be part of everyone's portfolio, previously it was 1-2%. Now the allocation can be higher people even say up to 40% Bitcoin should increase about 56% compounded. It has done more than this over more than a decade. S&p 500 and Nasdaq will still give around 8% compounded over time. Bitcoin is digital gold. Is being ; scarce every 4 years as rewards are halved. 21million total and now more countries and Governments adopt it. Etfs and treasuries are buying so the volatility will reduce but long term it will outperform everything. Just buy what you can then hold for 20 years. I've personally benefited from following Nicole Chaump's trading tactics, amassing 41 bitcoins in a short two-month period, which speaks volumes about her expertise.

    2. As the younger generation inherits baby boomers wealth, they will invest it into bitcoin. If you are in Bitcoin right now, you are early. There may be 20million coins currently in existence, but many of those are in lost wallets from early adopters or satoshi’s untouched wallet will a million coins

    3. My neighbour never stops lamenting the string of losses he piles up on Bybit, the exchange he uses. I keep my distance. On mevolaxy my own trading feels rock‑steady. Im toying with the idea of suggesting he give my platform a try.

    4. Funny how you show the top assets today when XRP is down 3.7% on the day but yesterday when it was up 8.5% on the day and BTC was flat you chose not to show it. History will look back on you, and see this for what it is, manipulation.

    5. talking head… knows nothing of the difference between decentralized/ centralized and why Bitcoin matters. It’s a money protocol that creates sovereignty for the individual. True ownership.

    6. When he says you can lose all your money, what does that mean? Is he implying that the asset values could go to zero? Or is he implying the Bank could make a mistake and lose your crypto? I don't think anybody believes at this point that the top market cap cryptos available are likely to go to zero at any time soon. So I'm curious what the conditions are that with the full protections of his bank, your Crypto holding could go to zero. Because that's what it would take for you to lose all of your money.

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