As cryptocurrencies experience record highs and lows, the CEO of Mercado Libre, Mark Galperin, sat posture: « Bitcoin as a store of value is better than gold »he said last Sunday. He is not the only billionaire to show a preference for these assets. Elon musk He claimed in recent days that he will never again refuse to be paid with the most important cryptocurrency.
He Bitcoin has become the sensation of the markets in recent months. From March to last week, driven by global quarantines, its price increased more than 900%, reaching a value that exceeded USD40,000 in recent days and dragging up almost all cryptocurrencies.
Analysts wondered, however, whether it was real and sustainable growth or a simple bubble that would explode at any moment.
The second option seemed to be confirmed this Monday, when Bitcoin plummeted 30% in a few hours and fell to just over $ 30,000, finally closing at $ 32,675.
Other experts think that this is just one more of the ups and downs that this virtual currency suffered in recent years and that it may recover again in the future.
What Galperin thinks about Bitcoin
In this context, and a day before the collapse of this Monday, a Twitter user asked Galperin what he thinks « of cryptocurrencies for the future of the economy. «
The founder of Free market He was quick to reply with an analytical and precise answer on the matter. « I think that Bitcoin as a store of value is better than gold »he stated to begin with.
Then he added a clarification: « But will not replace legal tender due to the energy cost required to process their transfers, « he added, although he said that the technology of »quantum computing could change this. « He even hinted that anything can happen to this cryptocurrency in the future: » Now, in a world where Vikings invade the Capitol … « , he closed.
I think that BTC as a store of value is better than gold. But it will not replace legal tender currencies x the energy cost that it requires to process its transfers (quantum computing could change this). Now in a world where Vikings invade the Capitol …
– Marcos Galperin (@marcos_galperin) January 11, 2021
Elon Musk wants to get paid in Bitcoin
Another one who’s doing well lately is Elon musk. Owner of companies like Tesla and Space X, recently became the richest man in the world after surpassing Jeff Bezos (owner of Amazon), with a fortune of USD188,500 million.
Therefore, it is not surprising that the views of the South African businessman attract the eyes of his colleagues and investors. In this case, Musk gave his verdict on Bitcoin.
On Saturday, two days after the cryptocurrency broke the record high of $ 40,000, Ben mezrich, author of the book Bitcoin BillionairesHe said on Twitter: « I’ll tell you one thing. Never again will I refuse to be paid in Bitcoin« .
Verbose with his nets as usual, Musk did not resist the temptation and replied: « Neither do I ».
The funny thing is that, if it was not an irony, the owner of Tesla changed his opinion about this virtual currency in a very short time. On December 20, he tweeted that « Bitcoin is almost as bullshit as fiat money ».
Not all cryptocurrencies are so controversial for Musk. That same day, another tweet of his that said « Just one word: Doge », made the value of Dogecoin it will skyrocket 25% in a few hours.
Has your opinion changed again after Monday’s crash?
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