For several years, a new form of money has come into play that cannot be
touched and printed since it is limited to existing only in the virtual world.
However, this new type of digital money, known as cryptocurrency, has gained
tremendous value in recent years and has attracted a lot of attention due to
the way we can acquire it.
In contrast, common money has value and security thanks to the bank that
issues its cryptocurrencies, increasing their value according to their demand.
As a result, the transactions made with them are safe. To get more news about
this topic, check The
Thanks to a decentralized network that extends over all users’
computers, reducing the risk of fraud and providing transparency.
Since the creation of Bitcoin, the world of cryptocurrency has been very
dramatic. First, the formidable price increases, followed by mighty falls.
However, many people have managed to achieve an extraordinary benefit.
billionaires who decided to invest in Bitcoin
Without a doubt, they were born to shine, and they cannot be left
behind; their ambitions to see their fortunes grow where the pupil led them to
a new type of investment that could compete with gold, in addition to finding a
virtual place to store money outside the control of companies and governments.
We go back to the year 2017, with the influx of
investors in Asia, especially in Japan and South Korea, which propelled the
Japanese firm bitFlyer into the largest bitcoin marketer in the world.
The company called Genesis Mining is one of the oldest
companies in the mining world. It did create in 2013; since then, several
mining farms have dedicated themselves to the construction, where they have
hundreds of related equipment that mine different cryptocurrencies, mainly
bitcoin. It is the oldest company in the world of mining. Genesis offers
cryptocurrencies to mine among them are Bitcoin (BTC), Dash (DASH), Ethereum
(ETH), Litecoin (LTC), Dogecoin (DOGE), Monero (XMR), Monero Classic (XMC),
ZCash (ZEC), Bitcoin Cash (BCH), Bitcoin Gold (BTG).
The oil corporation Aker creates Settee to invest in
bitcoin; Settee will undertake some 49 million euros of capital. This powerful
oil corporation Aker does lead by the Norwegian billionaire Rokke, who has
currently diversified into green technology and renewable energy companies, is
instituting a new business, Settee, to realize the potential of bitcoin.
Bill Gates, the billionaire and co-founder of the
Microsoft company, was hooked on Bitcoin from the beginning, commenting that it
is an excellent technology better than any other currency. However, he had
previously shown his enthusiasm for Bitcoin in 2014. He has since retracted his
comments, noting that the anonymity of digital currencies is not suitable for
Michael Novogratz, a famous investor currently focused
as the CEO of Galaxy Digital Holdings. This multimillionaire started his
business in 2015 by quickly investing in Bitcoin.
Bill Harris: The former PayPal CEO is known to be one
of the harshest critics of Bitcoin. In fact, during an interview with CNBC,
Harris agrees that Blockchain technology has incredible applications.
Within this list, we cannot forget the Physicist Elon
Musk, an entrepreneur, inventor, co-founder of PayPal and Tesla Motors. Quite a
character, he reported that he owned Bitcoin in 2019; he declared that this
currency is better than paper money as a means of exchange.
Mark Zuckerberg has retained a positive attitude,
especially on Blockchain technology, saying: The technology that powers Bitcoin
could help improve Facebook in the future.
There is no doubt that this list can continue; it is
extensive; there are many who ventured into the world of Bitcoin, others who
fell in love with Bitcoin we can name: Jack Dorsey, The Winklevoss twins, Erik
Finman, Daniel Colosi, Mark Cuban.
Definitely, another factor that we cannot leave out is
the intervention of the States in the acquisition of the most controversial
currency of the moment, bitcoin.
These characters ventured into cryptocurrency money because of Bitcoin’s
I will conclude that money has always attracted more money; it is normal
to see how billionaires and tycoons grow with bitcoin.
Thanks to technological advances
networks, Bitcoin undoubtedly continues to cause interest in people to adopt
it, from students to investors. So the question is, have you already invested