Chamath Palihapitiya, founder of the share capital and co-owner of the Golden State Warriors, expressed his opinion on the value and potential growth of Bitcoin in an interview on CNBC on Tuesday.

The head of the company, who first invested in Bitcoin in 2012, said that he sees the price of Bitcoin rising massively over the next 20 years, while l & # 39; continued adoption to grow

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"This thing has the potential to & # 39; to be comparable to the value gold … This is a fantastic coverage and a store of value against the autocratic regimes and the banking infrastructure we know is corrosive to the world needs to work properly … I think that this thing is $ 100,000 a piece in the next 3-4 years, and in the next 20 years will be 1 million dollars. "

Bitcoin as a hedge against the banks

The main argument, according to Palihapitiya, is that Bitcoin has a hedge against the potentially massive problems caused by l & # 39, current banking infrastructure.

If the 4l banking structure, Bitcoin is "fundamentally disconnected" from the current platform. His last advice? Put at least one percent of what you invest in Bitcoin – it "could save us all"