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NewsBTC 2021-09-30 17:00:10

Billionaire Orlando Bravo Reveals He Owns Bitcoin And Why He’s ‘Very Bullish’

Billionaire Orlando Bravo recently revealed his stance on crypto. Talking to CNBC, Bravo revealed that he indeed held bitcoin and held a very bullish stance on the future of the digital asset. The billionaire appear at the Delivering Alpha conference where he openly expressed his love for crypto. Bravo highlight some of the best features of cryptocurrencies, exclaiming, “How could you not love crypto?” Bitcoin Is Here To Stay Although already quite valuable, the billionaire sees more growth in the future of the currency. Institutional investors are yet to completely dive into the space and Bravo explained that with more institutional adoption will come a surge in the value of the digital asset. Related Reading | JPMorgan CEO Doesn’t Care If Bitcoin Grows 10X In Five Years Being able to completely operate outside the purview of the government has been one of the major drivers of bitcoin growth. It has provided investors the opportunity to invest with amounts that would otherwise have seen them locked out of traditional investment avenues. Providing a major pull for younger investors who would rather take control of their financial investments. Besides being personally owning bitcoin, Bravo’s equity firm Thoma Bravo is also invested in the crypto space. Thoma Bravo participated in a recent funding round carried out by the fast-growing crypto exchange FTX Trading. This puts the billionaire in a position where he is both pers...

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