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Opinion

Schmuck Insurance

A reading of one of the most enduring early investor arguments for bitcoin.

By Nathaniel Whittemore
AccessTimeIconNov 26, 2020 at 5:00 p.m. UTC
Updated Sep 14, 2021 at 10:35 a.m. UTC
AccessTimeIconNov 26, 2020 at 5:00 p.m. UTCUpdated Sep 14, 2021 at 10:35 a.m. UTC
Glowing neon piggy bank outline with a bitcoin icon, related to today’s reading of Chamath Palihapitiya’s May 2013 piece for Bloomberg, “Why I Invested In Bitcoin.”

AccessTimeIconNov 26, 2020 at 5:00 p.m. UTCUpdated Sep 14, 2021 at 10:35 a.m. UTC

A reading of one of the most enduring early investor arguments for bitcoin.

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This episode is sponsored by Crypto.com and Nexo.io.

When NLW asked Crypto Twitter for recommendations of the best way to convince friends and family about bitcoin and crypto, one of the ideas was to review old articles that have stood the test of time. 

With that in mind, NLW today reads Chamath Palihapitiya’s May 2013 piece for Bloomberg, “Why I Invested In Bitcoin.”

Even among prescient early pieces, this one is particularly salient.

See also: Chamath Palihapitiya’s Social Capital Holds Bitcoin From 2013, Mulls Public Listing

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