{"id":262377,"date":"2024-03-10T14:05:38","date_gmt":"2024-03-10T08:35:38","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=262377"},"modified":"2024-03-10T14:05:38","modified_gmt":"2024-03-10T08:35:38","slug":"bitcoin-approaching-tipping-point-as-btc-becomes-part-of-the-financial-fabric-says-billionaire-chamath-palihapitiya-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-approaching-tipping-point-as-btc-becomes-part-of-the-financial-fabric-says-billionaire-chamath-palihapitiya-crypto-news\/","title":{"rendered":"Bitcoin Approaching \u2018Tipping Point\u2019 As BTC Becomes Part of the Financial Fabric, Says Billionaire Chamath Palihapitiya &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Billionaire venture capitalist Chamath Palihapitiya says Bitcoin is approaching its watershed moment as <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\">BTC<\/a> makes its way into American households.<\/p>\n<p>In the latest episode of the All-In Podcast, Palihapitiya says the approval of spot market Bitcoin exchange-traded funds (ETFs) is changing the game for BTC.<\/p>\n<p>According to the venture capitalist, it\u2019s still early days for Bitcoin and a time will come when BTC becomes the talk of the nation.<\/p>\n<p><em>\u201cWe\u2019re going to get to a tipping point where everybody really talks about this. I still don\u2019t think we are there yet. I think we\u2019re just at the beginning, but when you see the inflows into these ETFs, it\u2019s a very big deal because it just allows every mom-and-pop individual to buy some to the extent that they want to own or they want to speculate on it, whatever it is.\u00a0<\/em><\/p>\n<p><em>So I think it\u2019s been a very big year, and I think that psychologically it\u2019s proven a lot of folks wrong, and it\u2019s a setup for something really constructive.<\/em><\/p>\n<p><em>The other thing I\u2019ll say is that it\u2019s not just Bitcoin but as goes Bitcoin, there are a handful of other things. People are now speculating that there\u2019s going to be an Ethereum ETF that gets approved as well because if you approve one, there\u2019s probably legitimate cause to approve a few others, so these things are becoming part of the financial fabric, and I think that that should not be underestimated.\u201d<\/em><\/p>\n<p>At time of writing, Bitcoin is trading for $69,465.<\/p>\n<p><iframe loading=\"lazy\" title=\"E169: Elon sues OpenAI, Apple&#039;s decline, TikTok ban, Bitcoin $100K?, Science corner: Microplastics\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/snbTCWL6rxo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p>\u00a0<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><em><span style=\"font-size: 10pt\">Generated Image: Midjourney<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire venture capitalist Chamath Palihapitiya says Bitcoin is approaching its watershed moment as BTC makes its way into American households. In the latest episode of the All-In Podcast, Palihapitiya says the approval of spot market Bitcoin exchange-traded funds (ETFs) is changing the game for BTC. According to the venture capitalist, it\u2019s still early days for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":183033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-262377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/262377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=262377"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/262377\/revisions"}],"predecessor-version":[{"id":262379,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/262377\/revisions\/262379"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/183033"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=262377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=262377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=262377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}