{"id":472816,"date":"2021-09-30T17:00:10","date_gmt":"2021-09-30T17:00:10","guid":{"rendered":"https:\/\/uniquehot.com\/?p=472816"},"modified":"2024-06-11T13:59:06","modified_gmt":"2024-06-11T13:59:06","slug":"orlando-bravo-reveals-he-owns-bitcoin","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/orlando-bravo-reveals-he-owns-bitcoin\/","title":{"rendered":"Billionaire Orlando Bravo Reveals He Owns Bitcoin And Why He\u2019s \u2018Very Bullish\u2019"},"content":{"rendered":"

Billionaire Orlando Bravo recently revealed his stance on crypto. Talking to CNBC, Bravo revealed that he indeed held bitcoin and held a very bullish stance on the future of the digital asset. The billionaire appear at the Delivering Alpha conference where he openly expressed his love for crypto. Bravo highlight some of the best features of cryptocurrencies, exclaiming, \u201cHow could you not love crypto?\u201d<\/p>\n

Bitcoin Is Here To Stay<\/h2>\n

Although already quite valuable, the billionaire sees more growth in the future of the currency. Institutional investors are yet to completely dive into the space and Bravo explained that with more institutional adoption will come a surge in the value of the digital asset.<\/p>\n

Related Reading |\u00a0JPMorgan CEO Doesn\u2019t Care If Bitcoin Grows 10X In Five Years<\/a><\/strong><\/em><\/p>\n

Being able to completely operate outside the purview of the government has been one of the major drivers of bitcoin growth. It has provided investors the opportunity to invest with amounts that would otherwise have seen them locked out of traditional investment avenues. Providing a major pull for younger investors who would rather take control of their financial investments.<\/p>\n

Besides being personally owning bitcoin, Bravo\u2019s equity firm Thoma Bravo is also invested in the crypto space. Thoma Bravo participated in a recent funding round carried out by the fast-growing crypto exchange FTX Trading. This puts the billionaire in a position where he is both personally and professionally invested in crypto. But it doesn\u2019t end there. The fund manager also sees great potential in blockchain technology and said it \u201csometimes provides better use cases than data-based software.\u201d<\/p>\n

\"Bitcoin<\/p>\n

BTC price trading in the mid-$43K | Source: BTCUSD on TradingView.com<\/a><\/pre>\n

Why Bravo Is Bullish<\/h2>\n

Bravo\u2019s bullish stance on crypto mainly boils down to one thing; adoption. It is estimated that less than 10% of the world\u2019s population knows about bitcoin. With bitcoin\u2019s growth being likened to that of the internet, there is going to be a major explosion in adoption in the next five years. The billionaire pointed that the digital asset will only continue to grow as more people adopt it.<\/p>\n

\u201cFor me, it\u2019s pretty simple. More people are going to use it in the future than today, and it\u2019s going to be more established. Institutions are just beginning to go there, and once that happens, I think it will increase significantly over the years. I\u2019m very bullish.\u201d<\/p>\n

Related Reading |\u00a0Verifone Brings Bitcoin Payments To Thousands Of Merchants Across The U.S.<\/a><\/strong><\/em><\/p>\n

When asked if he thought crypto was here to stay, Bravo had enthusiastically replied, \u201cabsolutely.\u201d He explained that inflation and transaction fee rates will drive people to bitcoin.<\/p>\n

The billionaire declined to comment on future price predictions for the asset saying, \u201cI\u2019m not going to give you a number because looking at the fundamental value here is very difficult.\u201d But added that bitcoin\u2019s finite supply coupled with its use cases and growing adoption will be positive for the value of the digital asset going forward.<\/p>\n

Featured image from The Guardian, chart from TradinginView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"

Billionaire Orlando Bravo recently revealed his stance on crypto. Talking to CNBC, Bravo revealed that he indeed held bitcoin and held a very bullish stance on the future of the digital asset. The billionaire appear at the Delivering Alpha conference where he openly expressed his love for crypto. Bravo highlight some of the best features of cryptocurrencies, exclaiming, \u201cHow could you not love crypto?\u201d Bitcoin Is Here To Stay Although already quite valuable, the billionaire sees more growth in the future of the currency. Institutional investors are yet to completely dive into the space and Bravo explained that with more institutional adoption will come a surge in the value of the digital asset. Related Reading |\u00a0JPMorgan CEO Doesn\u2019t Care If Bitcoin Grows 10X In Five Years Being able to completely operate outside the purview of the government has been one of the major drivers of bitcoin growth. It has provided investors the opportunity to invest with amounts that would otherwise have seen them locked out of traditional investment avenues. Providing a major pull for younger investors who would rather take control of their financial investments. Besides being personally owning bitcoin, Bravo\u2019s equity firm Thoma Bravo is also invested in the crypto space. Thoma Bravo participated in a recent funding round carried out by the fast-growing crypto exchange FTX Trading. This puts the billionaire in a position where he is both personally and professionally invested in crypto. But it doesn\u2019t end there. The fund manager also sees great potential in blockchain technology and said it \u201csometimes provides better use cases than data-based software.\u201d BTC price trading in the mid-$43K | Source: BTCUSD on TradingView.com Why Bravo Is Bullish Bravo\u2019s bullish stance on crypto mainly boils down to one thing; adoption. It is estimated that less than 10% of the world\u2019s population knows about bitcoin. With bitcoin\u2019s growth being likened to that of the internet, there is going to be a major explosion in adoption in the next five years. The billionaire pointed that the digital asset will only continue to grow as more people adopt it. \u201cFor me, it\u2019s pretty simple. More people are going to use it in the future than today, and it\u2019s going to be more established. Institutions are just beginning to go there, and once that happens, I think it will increase significantly over the years. I\u2019m very bullish.\u201d Related Reading |\u00a0Verifone Brings Bitcoin Payments To Thousands Of Merchants Across The U.S. When asked if he thought crypto was here to stay, Bravo had enthusiastically replied, \u201cabsolutely.\u201d He explained that inflation and transaction fee rates will drive people to bitcoin. The billionaire declined to comment on future price predictions for the asset saying, \u201cI\u2019m not going to give you a number because looking at the fundamental value here is very difficult.\u201d But added that bitcoin\u2019s finite supply coupled with its use cases and growing adoption will be positive for the value of the digital asset going forward. Featured image from The Guardian, chart from TradinginView.com<\/p>\n","protected":false},"author":541,"featured_media":472820,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[84404,428,435,601,1119,84403],"class_list":["post-472816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-billionaire-orlando-bravo","tag-bitcoin","tag-bitcoin-adoption","tag-bitcoin-investment","tag-btc","tag-btc-investment"],"acf":[],"yoast_head":"\nBillionaire Orlando Bravo Reveals He Owns Bitcoin And Why He\u2019s \u2018Very Bullish\u2019<\/title>\n<meta name=\"description\" content=\"Billionaire Orlando Bravo recently revealed his stance on crypto. 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With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/uniquehot.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Billionaire Orlando Bravo Reveals He Owns Bitcoin And Why He\u2019s \u2018Very Bullish\u2019","url":"http:\/\/uniquehot.com\/news\/orlando-bravo-reveals-he-owns-bitcoin\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/orlando-bravo-reveals-he-owns-bitcoin\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/09\/btc-5.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/09\/btc-5.jpeg?fit=890%2C534"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["billionaire orlando bravo","bitcoin","bitcoin adoption","bitcoin investment","btc","btc investment"],"dateCreated":"2021-09-30T17:00:10Z","datePublished":"2021-09-30T17:00:10Z","dateModified":"2024-06-11T13:59:06Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Billionaire Orlando Bravo Reveals He Owns Bitcoin And Why He\\u2019s \\u2018Very Bullish\\u2019\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/orlando-bravo-reveals-he-owns-bitcoin\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/orlando-bravo-reveals-he-owns-bitcoin\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2021\\\/09\\\/btc-5.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2021\\\/09\\\/btc-5.jpeg?fit=890%2C534\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"billionaire orlando bravo\",\"bitcoin\",\"bitcoin adoption\",\"bitcoin investment\",\"btc\",\"btc investment\"],\"dateCreated\":\"2021-09-30T17:00:10Z\",\"datePublished\":\"2021-09-30T17:00:10Z\",\"dateModified\":\"2024-06-11T13:59:06Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/09\/btc-5.jpeg?fit=890%2C534","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/472816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=472816"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/472816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/472820"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=472816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=472816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=472816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}