Chamath Palihapitiya WARNING – An Inflationary CRASH Is Coming (Bitcoin & Ethereum Prediction)
In Chamath Palihapitiya’s latest interview, he speaks on Bitcoin, Ethereum, NFT’s and Selling Tesla stock and why he thinks an inflation crash is coming.
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In stark contrast to Cathie Wood, who is terrified of a deflationary crash, renowned investor Chamath Palihapitiya is very concerned about a medium term Inflationary Crash. Just this week, Chamath gave an exclusive, where he speaks on WHY he is betting the house on scarce assets such as Bitcoin, Ethereum and NFT’s to prepare his portfolio.
Chamath Palihapitiya thinks that the rise of decentralised blockchains, such as Ethereum and Solana will be the down-fall of Capitalism itself and is the most incredibly positively destructive force he has ever seen and will be a monumental destroyer of wealth.
Make sure to stick around to the end of the video where we will cover how Chamath was caught out LYING to his followers, and why you should never take what investors are telling the public, at face value.
Also, we will cover some of the latest Bitcoin on-chain data that suggest that last 3 months are going to be EXPLOSIVE for BTC and the crypto space.
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.
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TIMESTAMPS:
0:00 “I’m very concerned…”
1:44 Chamath Palihapitiya on Bitcoin, Ethereum & Solana (Inflation)
3:04 Chamath is buying these Inflation Hedges… (Top 3)
4:18 Buying Scarce Digital Assets
5:41 Chamath Caught LYING about Tesla (Selling Stock)
8:09 Chamath Palihapitiya responds to Backlash
8:46 On-chain Bitcoin Data 1 (Storm Coming!)
9:16 On-chain Bitcoin Data 2 (Whales BUYING!)
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#Bitcoin #Tesla #Chamath