Bitcoin FOMO Hits Billionaires: ’Did We Miss the Boat?’
Wall Street's old guard is sweating over their crypto FOMO.
The billionaire reckoning
Once-dismissive finance titans now peek at Bitcoin charts like teenagers checking Instagram likes. The digital gold rush left some empty-handed—while early adopters laugh their way to decentralized banks.
Numbers don't lie (but egos do)
That 2009 pizza purchase worth 10,000 BTC? Today's value could buy the pizzeria—and every Italian restaurant in Manhattan. Yet traditional investors still call it a 'bubble' between yacht upgrades.
The institutional U-turn
Hedge funds that mocked crypto now allocate more to Bitcoin than their interns' salaries. Funny how blockchain looks different when you're missing 200% yearly gains.
As one VC muttered during a private jet fuel stop: 'Maybe we should've listened to those anarchist kids on Reddit.' Too late? Never. Too proud? Always.
Nasdaq Firm Makes First Crypto Move With Bittensor Acquisition
He also pointed out how Bitcoin’s infamous volatility has subsided. Once far more unstable than the Nasdaq, Bitcoin’s recent price movements have mirrored those of the tech index, hinting at a more mature market dynamic.
Although he still hasn’t invested, Laffont didn’t close the door on doing so. “Sometimes being a good investor means admitting you were wrong,” he said—perhaps foreshadowing a future pivot into Bitcoin.
