Cryptocurrencies have seen a recent drastic surge, especially after the covid 19 pandemic. Bitcoin is one digital currency that has gradually increased its users as its value has rises over the years. The cryptocoin was launched in 2009, valued at $0.0008. It currently has a price of about $30,000 as of May 2022. Blockchain technology has generally attracted investors from all walks of life. Investors view crypto as an investment that does not feel the impact of severe economic crises that face fiat currency. Since the launch of bitcoin, blockchain technology has been utilized to give rise to more digital currencies such as Ethereum and dogecoin, etc. Several billionaires have expressed their opinions publicly on cryptocurrency; most identify as crypto enthusiasts and have consequently invested in the market. Others have expressed their skepticism, which has changed and is seen to contradict themselves as they make heavy crypto-investments later. This article will focus on five billionaires who have recently shown interest in cryptocurrencies. Elon Musk Whenever we talk about cryptocurrencies and billionaires, the name Elon Musk will pop up. The billionaire has recently been on the news scope after he purchased Twitter. He is known for being vocal about cryptocurrencies. He is known to take to Twitter severally to express his sentiments on capitalism and cryptocurrencies. The South African-born billionaire expressed mixed feel...
