Billionaire Barry Sternlicht Believes Bitcoin May Reach $1,000,000
<p>Barry Sternlicht, a billionaire who runs Starwood Capital Group, said during a Bloomberg event that bitcoin price may rise to $1,000,000. He mentioned the benefits of bitcoin as a hedge in the world where governments keep printing money. Sternlicht explained that this process of always printing money doesn’t seem to have any consequences, but sometimes it will end and investors will look at Bitcoin, the only thing that can’t be made more of.</p>
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