We are currently witnessing record Institutional selling of Bitcoin. The most selling in history, led by ETFs, nuking over 460% of the daily mined supply, every day. (Charles Edwards)
[Zhao Changpeng: Personal Net Worth Estimated at $10 Billion to $30 Billion]
Binance founder Zhao Changpeng stated in an interview with The New York Times that his personal net worth is approximately $10 billion to $30 billion, significantly lower than Forbes' estimate of $100 billion. He also mentioned that having $10 million is sufficient to live a comfortable life. (Source: The New York Times)
Joe Burnett, Vice President of Strike, stated that if super intelligent AI significantly reduces labor scarcity in the next 5 to 10 years, it will be more difficult to accumulate capital through selling labor and obtain ownership of scarce assets. By then, 21 million bitcoins may have been nearly mined out, while bitcoin will remain scarce.
Binance founder CZ stated in an interview with The New York Times that his actual net worth is approximately $10 billion to $30 billion, far below Forbes' estimate of $100 billion, and stated that he only needs $10 million to live comfortably. (Source: The New York Times)