Bitcoin emerged in January 2009 after the mysterious Satoshi Nakamoto began working on the project two years earlier. Since then, Bitcoin and other cryptocurrencies have had a great impact on economies around the world. Bitcoin has received strong support from powerful supporters, along with numerous skeptics and detractors.
Those who agree believe that the blockchain technology that monitors Bitcoin is great and keeps its hands out of the well when it comes to people’s money. Those in opposition believe that Bitcoin will boost terrorism and money laundering, among other illegal activities. And with the exchange of China interrupting the Bitcoin exchange, its value is having a success.
Considering all this, Bitcoin continues to have powerful people in its favor, and courageously against it. Here are the well-known lovers and enemies of the famous Bitcoin. Let’s start with the lovers.
The Microsoft co-founder made public his support for Bitcoin in 2014 at the Sibos Conference in Boston. Bill Gates told Entrepreneur, “Bitcoin is better than currency, since it does not have to be physically in the same place and, of course, for large transactions, the currency can be quite inconvenient.”
However, Gates has changed his tone. In a Reddit AMA in February 2018, he criticized the anonymity of cryptocurrencies as Bitcoin. These currencies can facilitate money laundering and have been directly related to deaths, according to Gates.
Next: Is it working? This magnate of the Virgin weighs.
Virgin founder and billionaire Richard Branson is a great admirer of blockchain technology. In terms of whether Branson believes Bitcoin will work, he told Bitcoin.com, “Well, I think it’s working, there may be other currencies like this that may be even better, but in the meantime, there’s a big industry around Bitcoin: people have made fortunes with Bitcoin, some have lost money, it’s volatile, but people also make money with volatility. ” Your Virgin Group company is pleased to bring Bitcoin to all sectors of your business.
Next: A famous actor and investor has us all listening.
While his heyday at That ’70s Show put Ashton Kutcher on all the ladies’ maps, Kutcher has had his hands on the venture capitalist well for years. Co-founder of the A-Grade venture capital fund, Kutcher has been very successful with his investments in companies such as Bitcoin, Airbnb, Uber and Spotify.
In Bitcoin, Kutcher has said: “The idea that we could civically monitor each other anonymously actually maintains the anonymity of the Internet.” We do not have to worry about Big Brother, and that same infrastructure that Bitcoin built could be used in the Internet industry. security for the good of the masses “. I can not help but wonder if Kelso would be on the same page.
Next: A former Facebook executive explains the importance of being attentive.
Founder and CEO of the venture capital fund Social + Capital and former member of the senior executive team of Facebook, Chamath Palihapitiya is one of the main sponsors of Bitcoin. In May of 2017, he tweeted, “Reiterating my belief about $ BTC. It is the last insurance policy against autocracy, monetary restrictions and other forms of value destruction.” And although there is a great hype about the future of Bitcoin’s success with China’s recent announcement, Palihapitiya believes that these events are important to arouse interest and attention within the industry.
Next: an influential environmentalist knows much more than expected about the cryptocurrency
The former vice president and environmentalist is well known for his stance on climate change, as well as policies related to technology. Al Gore has long been an advocate of bitcoin and cryptocurrency technologies.
According to Coindesk, Gore said: “When the Bitcoin currency is converted into currency, that interface must remain under some regulatory guarantees, I believe that the fact that within the Bitcoin universe an algorithm replaces the functions of [the government]. .. it’s really cool. ” Gore is still waiting for the innovators of our time to develop new models for cryptocurrency technologies.
Next: While lovers have a lot of weight in the success of Bitcoin investments, these enemies are eager to see it disappear.
One of the most respected investors of our time, Warren Buffett, is not on board to invest in Bitcoin. According to CNBC, the CEO of Berkshire Hathaway warned the interviewers to “stay away” from Bitcoin, as it is simply “a mirage.” Although Buffett recognizes the convenience of cryptocurrency, he does not consider it a worthy or safe investment.
Next: a major opponent has some strong words.
When it comes to Bitcoin, JPMorgan Chase and Co. CEO Jamie Dimon is easily the most heated. He even said that he would fire employees if he discovered they were investing in Bitcoin for reasons of stupidity, according to Bloomberg.
His tough opinions are not really a big surprise, considering that his bread and butter is inside the multinational bank of the United States dollar. Dimon says that Bitcoin’s investments “will not end well” for investors. He stands firm in his belief that Bitcoin is for murderers and criminals.
Next: Is Bitcoin too expensive?
Mohamed A. El-Erian
Allianz’s chief economic advisor, Mohamed A. El-Erian, told CNBC that the block chain is a “disruptive technology” that should be priced at “half or a third” of what is currently valued. El-Erian is an intelligent guy, so it’s a little disconcerting when he explained that Bitcoin is likely to “explode”, but the current price would have to assume a “mass adoption”, which simply will not happen. at this price
Next: This guy thinks Bitcoin is “evil”.
Dear New York Times economist and columnist, Paul Krugman is not impressed with the positive prestige that supports Bitcoin, and writes that “to be successful, money must be both a medium of exchange and a store of reasonably stable value.” And it’s still not entirely clear why Bitcoin should be a stable stock shop. “Frustrates Krugman that it seems he can not get a direct response from investors about how Bitcoin is a” reliable source of value “.
Next: This billionaire does not understand what supports Bitcoin.
The co-founder and co-director of Oaktree Capital Management, Howard Marks, believes that Bitcoin is a commodity instead of a currency, and says that currencies “do not rise 85 times in a year,” according to CNBC.
Although Marks is open about the fact that he might be “too old and too dinosaur to understand Bitcoin,” he still does not “understand what’s behind Bitcoin.” Marks remains extremely successful in predicting the financial market and how he will do it. behave. But as of now, it may be too early to determine what will happen to the overall success of Bitcoin.