Raoul Pal, a former Goldman Sachs hedge fund manager and cryptocurrency bull, tweeted that he now only owns one Bitcoin. Yes, you read it right. He only owns one Bitcoin if he is to be believed.
It’s unclear whether the assertion is an exaggeration or an accurate statement regarding his holdings because it was made during a Twitter fight with self-proclaimed “Bitcoin Strategist” Greg Foss. Pal is the creator and CEO of Real Vision and Global Macro, whereas Foss works for Validus Power Corp. as an executive director. Raoul Pal, in a Twitter debate with Greg Foss, claimed that the Bitcoin community has “lost sight of inclusivity”.
The news of Pal’s ostensibly minor ownership sparked outrage and worry among Bitcoin supporters, who have regarded Pal with suspicion since he began calling Ethereum “the greatest trade” and predicting that ETH and altcoins would eventually outperform BTC. Pal recently stated that there is a “reasonable likelihood” that the cryptocurrency market capitalization will expand 100 times by the end of the decade. Perhaps we can all agree that we hope he’s right about that.
Hmm, By the way, how many Bitcoins do you own? Do you agree with Raoul’s statement of “lost sight of inclusivity” for Bitcoin? Comment below.
