JPMorgan CEO Jamie Dimon’s recent remarks that Bitcoin is worthless, two famous millionaires have jumped into his defense যদিও although both have said that Ether (ETH) has some more desirable features.
In an interview with CNBC’s Squawk Box on Wednesday, Barry Sternlich, co-founder of Starwood Capital Group, said that gold was actually “worthless” and that he was hoarding Bitcoin because every government in the “Western Hemisphere” was printing endless amounts of money.
Sternlikht’s total assets are worth about 4 4.4 billion and it is known for its investments in the real estate market through Starwood Capital Group. The investment firm was established in 1991 and It is known There are about 95 95 billion in assets under management (AUM).
Sternlich was Ask For his adoption on the daemon Repetition Doubts about BTC being “worthless”.
“Gold is kind of worthless, and so is silver. I mean, they have some industrial uses, but they are secondary. The reason I own Bitcoin is because the US government and every government in the Western Hemisphere are now printing money at the end of time, ”he said.
Mark Cuban, owner of the Dallas Mavericks, with a net worth of 4.3 billion, Echoed The same feeling when he spoke to CNBC’s Make It on Wednesday. Cuban said before BTC said “better than gold” he thinks there is “the opposite” of investing in ether.
Despite BTC’s bias on gold, Sternlich also praised Ether for its support for Bitcoin.
“Bitcoin is a silly coin, it has no real purpose other than to store the price and it’s insane. So, Ether, I own some of it. It’s a programmable bitcoin, and there are tons of other coins built into this system.
“I’ve become very interested in blockchain technology as a whole, and the digital ledger, which is going to change everything, we’re probably in an inning,” he added.
Related: Billionaire Bill Miller supports Bitcoin, but Altcoin is skeptical
But not every millionaire gets on a crypto train. Larry Fink, chairman of BlackRock, the world’s largest asset manager ($ 9.4) Trillion AUM), said he was “probably more in the Jamie Dimon camp.”
“I’m not a student of Bitcoin and where it’s going so I can’t tell you whether it’s going to be $ 80K or $ 0. But I believe there’s a huge role for digitized currency,” he said.
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