Who is Chamath Palihapitiya?

Chamath Palihapitiya. Chamath Palihapitiya has put hundreds of millions into bitcoin, he told CNBC on Wednesday. The billionaire said it's hard for regulators to kill crypto, calling it "the most profound iteration of the internet." He was reluctant to reiterate his previous bitcoin price prediction, saying it's hard to do so.

Is Palihapitiya optimistic about bitcoin?

Palihapitiya is optimistic about bitcoin’s outlook. He has been positive about the crypto’s prospects since he started investing in 2012. He thinks that bitcoin could soar to $200,000 in five or ten years. Currently, bitcoin is trading close to the $47,000 level.

Is crypto dead in America?

Tech investor Chamath Palihapitiya, who previously claimed bitcoin has replaced gold and would eventually get to $200,000, now says “crypto is dead in America.” “The United States authorities have firmly pointed their guns at crypto,” Palihapitiya said on the latest episode of the All-In podcast.

Is a blanket ban on cryptocurrencies hard to impose?

Chamath Palihapitiya has invested hundreds of millions into bitcoin, and believes it's tough to impose a blanket ban on cryptocurrencies, he said in an interview with CNBC's Scott Wapner on Wednesday.