{"id":346950,"date":"2021-10-01T13:56:42","date_gmt":"2021-10-01T10:56:42","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/billionaire-investor-bullish-on-bitcoin-crypto-is-here-to-stay\/"},"modified":"2021-10-01T13:56:42","modified_gmt":"2021-10-01T10:56:42","slug":"billionaire-investor-bullish-on-bitcoin-crypto-is-here-to-stay","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/billionaire-investor-bullish-on-bitcoin-crypto-is-here-to-stay\/","title":{"rendered":"# Billionaire investor bullish on Bitcoin: &#8216;Crypto is here to stay&#8217;"},"content":{"rendered":"<p>&#8220;<strong># Billionaire investor bullish on Bitcoin: &#8216;Crypto is here to stay&#8217; <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvNDZhZGNkMTgtNjM5Mi00N2ExLWJhMjctMDQ3OTAzZjc4NTNkLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Orlando Bravo, co-founder and managing partner of private equity firm Thoma Bravo, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2021\/09\/29\/orlando-bravo-owns-bitcoin-and-is-very-bullish-institutions-are-just-beginning-to-go-there.html\">expressed<\/a> his unwavering endorsement of the cryptocurrency market in an interview at CNBC\u2019s Delivering Alpha conference on Wednesday, revealing that he is \u201cvery bullish\u201d on his personal investment in Bitcoin (BTC).<\/p>\n<p>The billionaire businessman owns one of the world\u2019s largest private equity firms, which boasts assets-under-management (AUM) of $83 billion as of June 30, 2021. Questioned on the potential of digital assets, Bravo spoke with delight on the emergence of the space: <\/p>\n<blockquote><p>\u201cHow could you not love crypto? [&#8230;] Crypto is just a great system. It\u2019s frictionless. It\u2019s decentralized. And young people want their own financial system. So it is here to stay.\u201d<\/p><\/blockquote>\n<p>Thoma Bravo participated in FTX\u2019s $900 million <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">Series<\/a> B funding round \u2014 the largest in crypto exchange history \u2014 alongside sixty venture capital and crypto firms including Sequoia Capital, Coinbase Ventures, VanEck and the Paul Tudor Jones family. The funding resulted in FTX\u2019s value soaring to a colossal $18 billion, establishing the exchange as a decacorn.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Is crypto here to stay? &#8220;Absolutely,&#8221; says <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/OrlandoBravoTB?ref_src=twsrc%5Etfw\">@OrlandoBravoTB<\/a>.<\/p>\n<p>&#8220;How could you not love crypto? And on top of that, the underlying <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> of blockchain can be very powerful.&#8221; <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/DeliveringAlpha?src=hash&amp;ref_src=twsrc%5Etfw\">#DeliveringAlpha<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/hpt2pBql11\">pic.twitter.com\/hpt2pBql11<\/a><\/p>\n<p>\u2014 Delivering Alpha (@DeliveringAlpha) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DeliveringAlpha\/status\/1443236551274737670?ref_src=twsrc%5Etfw\">September 29, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In the interview, Bravo also spoke highly of blockchain, crypto&#8217;s underlying technology, conveying his belief that it could improve the current system:<\/p>\n<blockquote><p>\u201cThe underlying technology of blockchain, regardless of what protocol or what system you are building upon, can be very powerful and sometimes provides better use cases than data-based software.\u201d<\/p><\/blockquote>\n<p>Subscribing to a similar sentiment is crypto maverick Elon Musk, who spoke to CNBC at Tuesday&#8217;s Code Conference in California. Musk advocated for the adoption of cryptocurrencies but warned on government invention: &#8220;It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement.&#8221;<\/p>\n<p>When questioned on his instincts for regulating the ecosystem, Musk responded in a laissez-faire tone, claiming: \u201cI would say, \u2018Do nothing.\u2019\u201d<\/p>\n<p><strong><em>Related: Bears intend to pin Bitcoin price below $43K until Friday&#8217;s $700M expiry passes<\/em><\/strong><\/p>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\">TradingView<\/a>\u00a0reveals that Bitcoin\u00a0is experiencing a moment of low investor morale in the wake of China\u2019s 19th country-wide ban of the crypto asset, in addition to sharp price corrections from the $53,000 level witnessed a few weeks ago.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/billionaire-investor-bullish-on-bitcoin-crypto-is-here-to-stay\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Billionaire investor bullish on Bitcoin: &#8216;Crypto is here to stay&#8217; &#8221; Orlando Bravo, co-founder and managing partner of private equity firm Thoma Bravo, expressed his unwavering endorsement of the cryptocurrency market in an interview at CNBC\u2019s Delivering Alpha conference on Wednesday, revealing that he is \u201cvery bullish\u201d on his personal investment in Bitcoin (BTC)&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":346951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvNDZhZGNkMTgtNjM5Mi00N2ExLWJhMjctMDQ3OTAzZjc4NTNkLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,74894,74860,71739,39394],"class_list":["post-346950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-blockchain","tag-cryptocurrency-exchange","tag-cnbc","tag-elon-musk"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/346950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=346950"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/346950\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/346951"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=346950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=346950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=346950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}