Today news
About the same in other media
Billionaires are backing Bitcoin over gold... but some say Ethereum is even better
Reading now: 285
Following JPMorgan CEO Jamie Dimon’s recent comments that Bitcoin (BTC) is worthless, two well-known billionaires have leaped to its defense — although both of them say Ether (ETH) has some even more desirable properties.
During an interview with CNBC’s Squawk Box on Wednesday, Barry Sternlicht, a co-founder of Starwood Capital Group, said that gold was actually “worthless” and that he is hodling Bitcoin because every government in the “western hemisphere” is printing endless amounts of money.
Sternlicht is estimated to have a net worth of around $4.4 billion and is known for his investments in the real estate market via Starwood Capital Group. The investment firm was founded in 1991 and reportedly has around $95 billion worth of assets
Read more on cointelegraph.comAbout this in other media
All about Bitcoin - Birthday, Billionaires and more economictimes.indiatimes.com /3 years ago
Stoush over Greenidge miner's legal threats to activists over ‘false' claims cointelegraph.com /3 years ago
Immersive cooling tech could help Bitcoin mining go green by 2030 cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
