PayPal's founders and Bitcoin's 'ridiculous' status

Despite Bitcoin's notorious volatility, Silicon Valley investors believe the cryptocurrency has enormous potential to fix the financial system and thrive in emerging markets.

Max Levchin, one of the founders of PayPal, says that as an asset class bitcoin is “ridiculous” but believes the current decline is a good thing because it is “zeroing on fair value, whatever that is”.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles