“People Have NO IDEA What’s Coming…” | Chamath Palihapitiya Latest Prediction
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With bitcoin rocketing up on the news of the global banking crisis unfolding in the last few weeks, combined with an increasing likelihood of a Federal reserve pivot, Chamath Palihapitiya warns investors that Bitcoin is still a tiny fish in a huge pond, with 100 Million users as opposed to the 8 billion people.
The crypto world had some big drama in the past week as prominent figure Balaji making two seperate $1 million dollar bets that Bitcoin would hit a price of $1 Million dollars per coin in the next 90 days which on the surface seems insanity. The reason this bet made such a stir is because Balaji isn’t a nobody, Balaji is an extremely successful angel investor and was the previous chief technical officer at Coinbase, but perhaps more importantly – the last huge prediction he made came true, in which Balaji predicted almost to perfection the coming Covid pandemic in January of 2020.
In the latest all in podcast, chamath and co discuss if this bet is ridiculous or not and why they actually agree with alot of Balaji reasoning behind the bed. Make sure to stick around to the end of the video where Chamath breaks down how he sees the current economic climate playing out over the next few months.
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: All-In Podcast
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13 Comments
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it "should be 35 BUT it's ONLY 28… lol wow such a HUGE difference – lol what a clown
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People never jump ship until things have already happened and its too late just bc they dont want to make a wrong prediction
Sounds cuts out at ending
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after 11.24 no sound…
The sound cuts out at the end
wow this is great . and also a huge opportunity
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