Over the next two hours Bitcoin’s price cratered from $98,000 to $92,000. Only a day prior it had been at $105,000. I said to him, you’re a smart guy, you’ve invested in markets long enough, what’s the only way to beat volatility long term?
Profit was down year on year, deliveries of Teslas were down, all in all it was down, down, down. Except one thing was up, up, up. Its Bitcoin holdings.
Brian Armstrong now has the ear of Wall St, and the incoming administration. But he’s not stopping there. Which is why he’s at Davos, to get other global leaders in his pocket as Bitcoin and crypto takes over the world.