Uber and RobinHood angel Investor Jason Calacanis has berated Bitcoin, likening the blockchain protocol to stocks that dropped drastically in value.
Jason went down memory lane, saying MySpace, Yahoo and Palms appeared like rewarding stocks at their peak, before they stunningly collapsed in a twinkle of an eye.
The above reason, made the serial investor summit that Bitcoin could reach $100,000 per coin before going down to zero.
Relating Bitcoin, a blockchain protocol, to Yahoo stock may not be tenable since Bitcoin is not a firm but a consensus protocol.
Jason is a Bitcoin Investor
Jason lately invested in Keza, a Bitcoin startup that permits users to invest in US bonds, stocks and fixed incomes using BTC. Keza raised $357,000 in pre-seed funding from Barry Silbert’s Digital Currency Group and Jason Calacanis. Jason invested in RobinHood, which has crypto trading option.
Freddie is a professional journalist and feature writer. He participates on various movements that enable communities to initiate more in-depth understanding on essential topics.
Now, he's part of the crypto writers pushing for mass adoption in Luxembourg with their writing and expertise. He is now a full-time contributor to TODAY'S GAZETTE.Email: firstname.lastname@example.org
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