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Election 2024

Schmuck Insurance

A reading of one of the most enduring early investor arguments for bitcoin.

By Nathaniel Whittemore
AccessTimeIconNov 26, 2020 at 5:00 p.m. UTC
Updated Aug 19, 2021 at 5:52 a.m. UTC
Presented By Icon

Election 2024 coverage presented by

Stand with crypto
breakdown-11-26-schmuck-insurance-chamath-palihapitiya

A reading of one of the most enduring early investor arguments for bitcoin.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

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    • This episode is sponsored by Crypto.com and Nexo.io.

    When NLW asked Crypto Twitter for recommendations of the best way to convince friends and family about bitcoin and crypto, one of the ideas was to review old articles that have stood the test of time. 

    With that in mind, NLW today reads Chamath Palihapitiya’s May 2013 piece for Bloomberg, “Why I Invested In Bitcoin.”

    Even among prescient early pieces, this one is particularly salient.

    See also: Chamath Palihapitiya’s Social Capital Holds Bitcoin From 2013, Mulls Public Listing

    For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.

    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.