Bitcoin can be used to fight global uncertainty

Chamath Palihapitiya: Bitcoin can be used to fight global uncertainty

The price of Bitcoin has risen sharply in the past few days and weeks, and has recently exceeded $40,000. Venture capitalist and billionaire Chamath Palihapitiya said that Bitcoin is an asset that is basically unrelated to government power and a hedge against global uncertainty. Palihapitiya stated that he thinks Bitcoin may reach $200,000 at some point. (Cointelegraph)