I heard a RUMOR from a friend of a friend who knows Zuckerberg personally that the Facebook guru is planning to pump $100million into Bitcoin
True or not, I don't know - but my friend is hardly a flake. I wonder what a Zuckerberg entry into the Bitcoin market would do to the price?
True or not, I don't know - but my friend is hardly a flake. I wonder what a Zuckerberg entry into the Bitcoin market would do to the price?
maybe.
Zuck's logic:
1. If I invest 100 mil right now, I will have ~0.26 mil BTC [likely less because it would appreciate during buying of such quantities]
2. 0.26 mil is MUCH more than Winkelevoss twins have
[they have ~0.13 mil BTC]3. Hence, I win, AGAIN!
[100 mil is just ~0.3% of his fortune-good for diversification anyway]