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Eh, he's a well-known VC with a portfolio of tens of different companies, a > billion dollar net worth and a fraction of 1% of his original net worth put into b
by IkmoIkmo 9y ago
Eh, he's a well-known VC with a portfolio of tens of different companies, a > billion dollar net worth and a fraction of 1% of his original net worth put into bitcoin, which has grossed him $200m.
So no, not quite.
- thisisit 9y agoNot that I am disagreeing with Draper but this is like saying because someone is rich and invested in many things, they cannot hold a biased view on something they own.
- mrb 9y agoThis is a lousy argument. If he does not hold BTC, people say he is not putting his money where his mouth is. And if he holds BTC, people say he is biased. No matter what, Draper cannot win with these lousy arguments.
- mabbo 9y agoHonestly, it was an off-the-cuff joke. Perhaps this guy is right. I think mostly I'm saying that perhaps this man is slightly biased, in that he will make more money if more people believe that bitcoins are worth more money and here to stay.