Petroleum millionaires also betting on bitcoin investment
With all this price increase that bitcoin has been experiencing, there are also a number of opinions that are shared between people who claim that bitcoin is still a financial bubble, and others who believe that bitcoin is for great things, and rather than speculate on whether it will reach this year to 100 thousand dollars per bitcoin unit, it is more feasible to talk about people and financial institutions that are willing to invest in bitcoin.
Billionaire oil tycoon Kjell Inge Rokke has recently said in a statement to public media that he is willing to bet a large investment in bitcoin and thereby alleviate the crisis facing the financial industry and global banking.
It is important to mention that Kjell Inge Rokke is an oil tycoon and is the second richest person in Norway with a fortune estimated at 5400 million dollars, reason why I would not be surprised to see an investment of this millionaire directed to bitcoin, we have already seen investments of other millionaires directed to bitcoin and they see it as something fair and necessary to keep the shares of their companies on the rise.
What strikes me powerfully the attention is that the look of a strong sum of money to invest in bitcoin is focused on millionaires of the world oil company, which makes me think that if Elon Musk had a look at the bitcoin and now this oil tycoon, which makes me conclude that the look at bitcoin is diversifying and sooner rather than later all large shareholders globally adopt this investment criteria, and the millionaires who are left behind in this investment race may not be the ones who get the best growth out of their companies
Tell me in the comments what you think about:
What other shareholders do you think will join the bitcoin bet and how will they affect the current price of bitcoin?
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They are looking at the return and Bitcoin provides it. I dont think the industry the billionaires come from matter. They all see the potential when they are getting involved.
If Bitcoin keeps producing nice gains, it will keep attracting more people of this ilk.
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I also think the same as you, millionaires are seeing investment is because what returns is quite a lot of money when they manage to sell bitcoin.
Greetings and thanks for your input.
I think Bitcoin is attracting billionaires and big institutions of recent. I read a tweet where Elon Musk said that Tesla can now be bought with Bitcoin. I think Bitcoin is now gaining massive adoption and I believe that reaching an ATH of $100k this year is very possible.
Thanks for sharing buddy
Hopefully that probability of bitcoin reaching $100k will bring good things for other cryptocurrencies.
Cheers mate @samminator and thanks for commenting.
The cryptocurrency space is getting more and more attention because of the massive growth it has attained. Bitcoin has attracted a lot of attention and a lot of institutions, industries and new investors are beginning to come into the space... Bitcoin being one of the top coins that new investors are heavily looking into.
That's right friend, it has reached such a point that even oil companies are evaluating its adoption, greetings and thanks for your contribution.
A lot of speculations, I believe it's because people find it hard to believe something this good could actually exist outside the control of government and bad economic policies. Nice piece
Certainly my friend, what is good is always hard to believe it exists, greetings and thank you for your valuable contribution.