Social Capital CEO and early Bitcoin investor Chamath Palihapitiya recently said investors should “just buy Bitcoin” and enjoy the gains later. Just Buy the Dip! Recently on CNBC Squawk Box, Social Capital CEO Chamath Palihapitiya said that in his opinion, Bitcoin is “the single best hedge against the traditional financial infrastructure.” The Silicon Valley venture capitalist and former Facebook executive was an early Bitcoin investor who began purchasing the digital asset when it traded forRead MoreThe post Bitcoin: The Best ‘Schmuck Insurance” for Investors appeared first on Bitcoinist.com.
