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Schmuck Insurance

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

Breakdown 11.26 Schmuck Insurance - Chamath Palihapitiya

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

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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

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Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore