Billionaires Buying Bitcoin

“Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.”

-Ayn Rand

Let’s face it- most people get involved with cryptocurrency for the potential monetary gains. You look and hear about a new asset class and see it experience repeated exponential growth cycles, and decide to either learn about it or just invest blindly in it. Or maybe you heard a story about a person you know or a friend of a friend who just came up because they invested in the right crypto at the right time. The fear of missing out on these fantastic gains are too tempting for most and then when they learn about how crypto works and what it may do, a lightbulb goes on and it can’t just be turned off again.

Such is the story with many traditional billionaires (billionaires who are not directly working in the cryptocurrency sector). Many initially wrote Bitcoin and crypto off, but recently have changed their tune and are starting to understand the narrative of having a capped supply store of value and digital finance. Considering that these billionaires have higher levels of financial intelligence and a unique perspective on the markets, it may be a good idea to take heed of their actions and reasoning behind investing in crypto. This is not financial advice and you should recognize the risk of investing in cryptocurrency before…