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Why XPRIZE Founder Peter H Diamandis is Swapping Gold for Bitcoin

Monday 23rd, June 2014 / 09:37
Why XPRIZE Founder Peter H Diamandis is Swapping Gold for Bitcoin

Peter H Diamandis, the founder and Chairman of the XPRIZE Foundation, has given bitcoin his blessing, describing it as a globally important and disruptive technology.

In a blog post , Diamandis wrote that bitcoin is finally moving from its “deceptive phase to a very disruptive phase”. He made a compelling argument, outlining positive developments in the bitcoin ecosystem and the evolution of his own opinion on the matter.

Diamandis 'space flight'
Pete H. Diamandis (centre)

Diamandis said he has been tracking bitcoin since its inception and his confidence has grown to such an extent that he is even trading in a portion of his gold holdings for bitcoin.

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