News

Top 5 CEO’s who have endorsed Bitcoin

It’s no secret that Bitcoin is not unanimously liked by all. Although it has its fair share of critics, the number of people finding it to be a viable alternative to traditional currency systems is far more. Increasingly, Bitcoin backers have gone public with their support for the currency, and now, even put their money where their mouth is. That is one reason the currency has had a runaway 2021 so far, growing week on week to hit fresh highs.

Jack Dorsey (Twitter)

Twitter CEO has dropped several hints regarding his bullishness about Bitcoin. His mobile-payment company, Square allows buying/selling of BTC from the early days and his recent announcement about a new endowment trust cement that fact. The fact that he is backing a trust to spread the word better in Africa and India, two markets where Crypto’s have not really been welcome so far, indicates just how far ahead Jack is thinking.

Blythe Masters

Blythe Masters is a former Managing Director at J.P. Morgan Chase & Co. Currently, she is the CEO of Digital Asset Holdings (DAH). The company builds encryption-based processing tools that improve the efficiency, security, compliance, and settlement speed of securities trading, specifically Bitcoin.

Many observers believe Masters gave bitcoin a lot of legitimacy with Digital Asset Holdings, considering Wall Street background, where she rose to Managing Director of J.P. Morgan Chase at the age of 28.

Ginni Rometty (IBM)

Like Jack Ma, Former executive chairman of IBM, Ginni Rometty is also very optimistic about the blockchain technology. In an interview she stated,

I am not talking about bitcoin or a cybercurrency, but the [underlying] technology that allows you to have trust and efficiency in the exchange of anything. This will have a profound change in how the world works. . .The blockchain will do for transactions what the internet did for information.

Not only that but IBM was filing a majority of its patents related to blockchain technology. Which at one time, was the highest in the world.

Elon Musk (Tesla)

Billionaire CEO and co-founder of Tesla and SpaceX, Elon Musk, could very well be the biggest and most influential proponent of Bitcoin right now. Considering his status as the world’s richest man, basis his stake in Tesla.

Not only Bitcoin, but he has been a staunch supporter of other cryptocurrencies like Dogecoin.

Also, his company Tesla’s latest revelation of a $1.5 Billion purchase in Bitcoin clearly marks the optimism the Billionaire CEO has for Bitcoin.

Peter Thiel (PayPal)

Co-Founder of PayPal, Peter Thiel is known to be controversial for his outspoken political views often clashing with “Silicon Valley”. But his acumen for investing and picking winning startup ideas is rarely in doubt.

During a conversation with Thursday at the Economic Club of New York, Peter said,

“I would be long bitcoin, and neutral to skeptical of just about everything else at this point with a few possible exceptions,”

He also said,

“There will be one online equivalent to gold, and the one you’d bet on would be the biggest.”

He believes in the idea of bitcoin becoming a store of value instead of a go-to currency for daily transactions. According to him, There’s a 50 to 80% chance that bitcoin ends up being worthless. But there’s a 20 to 50% chance it ends up moving higher. But this statement was from 2018 and since then, Bitcoin has been soaring high like never before. So, just like his ‘angel’ $500k investment in Facebook turned into a post-IPO fortune, his words on Bitcoin could be very fruitful for potential investors out there.

This is a list that is seeing additions almost every day, as more and more influencers look to hedge their bets with a crypto play, both at a personal and a professional level for their firms. Expect a top 100 list before the year is out!

Leave a Comment

Your email address will not be published. Required fields are marked *

Close Bitnami banner
Bitnami