Schmuck Insurance: Chamath Palihapitiya's Prescient 2013 Argument for Bitcoin
Schmuck Insurance: Chamath Palihapitiya's Prescient 2013 Argument for Bitcoin

Schmuck Insurance: Chamath Palihapitiya's Prescient 2013 Argument for Bitcoin

Kevin

10 min
Entrepreneurship Strategy
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<p><span style="font-weight: 400;">When NLW asked Crypto Twitter for recommendations of the best way to convince friends and family about</span> <a href= "http://coindesk.com/price/bitcoin"><span style= "font-weight: 400;">bitcoin</span></a> <span style= "font-weight: 400;">and crypto, one of the ideas was to review old articles that have stood the test of time. </span></p> <p><span style="font-weight: 400;">With that in mind, NLW today reads Chamath Palihapitiya’s May 2013 piece for Bloomberg, “</span><a href= "https://www.bloomberg.com/opinion/articles/2013-05-30/bitcoin-the-perfect-schmuck-insurance?sref=qUxVp6JU"><span style="font-weight: 400;">Why I Invested In Bitcoin.</span></a><span style= "font-weight: 400;">”</span><a href= "https://www.bloomberg.com/opinion/articles/2013-05-30/bitcoin-the-perfect-schmuck-insurance?sref=qUxVp6JU"><span style="font-weight: 400;"> </span></a></p> <p><span style="font-weight: 400;">Even among prescient early pieces, this one is particularly salient.</span></p>

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