billionaire venture capitalist Chamath Palihapitiya has identified some of the most promising trends of his career as an investor that are bigger than Apex Crypto Bitcoin BTC/USD.
What happened: Palihapitiya, CEO of Social Capital, said during a fireside that the immense potential of the power generation, computing and life sciences industries could generate trillions of dollars in wealth worldwide Chat at the Wharton School. “There’s probably no bigger things to work on,” he said.
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Palihapitiya stressed that these issues could present a much bigger opportunity than his Bitcoin accumulation more than a decade ago when BTC was trading for less than $100.
“My perceptive senses tell me this is the biggest opportunity of my investing career and I’ve never felt like this. I didn’t even feel that way about bitcoin. I was the guy who owned 5% of those things in 2011. My average dollar cost was $90 or $100 even knowing that was going to win. I’m telling you that will pale in comparison,” added Palihapitiya.
Price promotion: At the time of writing, Bitcoin is trading at $23,377, up 0.90% in the last 24 hours, according to Benzinga Pro.
Photo: decency from Wikimedia Commons
Continue reading: Bitcoin, Ethereum, Dogecoin surge: Analyst warns ‘ugly’ bond market sell-off could push Apex Crypto to $21.5K
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