“This is the most sophisticated investors, the smartest people in the room, buying the bitcoin quietly,” Tyler Winklevoss said during the interview. PayPal announced in October that it would allow customers to access cryptocurrencies, and the services will extend to Venmo in 2021. Hedge fund investor Paul Tudor Jones has spoken publicly about buying bitcoin to fend against potential inflation. Publicly traded Square invested $50 million in bitcoin in October. The stock market continues to rally, even though our debt deficits are increasing at what many would consider alarming rates,” Fitzsimmons said in an interview with The Washington Post.

Source: Washington Post December 16, 2020 16:38 UTC