Billionaire investor and Virgin Galactic chairman, Chamath Palihapitiya, discussed Bitcoin, climate change, and Silicon Valley in a recent interview. Here are the 8 best quotes | Currency News | Financial and Business News | Markets Insider

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Billionaire investor and Virgin Galactic chairman, Chamath Palihapitiya, discussed Bitcoin, climate change, and Silicon Valley in a recent interview. Here are the 8 best quotes

The Social Capital chief and Virgin Galactic chairman also spoke about the power of social media, criticized elite colleges, and called for changes to virtual education.1."There is a secret that is hiding in plain sight in Silicon Valley, which is that when you fail, you learn."3.

6."Pragmatist rhetoric is what will get your mother and your grandmother to have Bitcoin in their wallet" – suggesting demand for cryptocurrencies will be more widespread if they're pitched as hedges or part of a portfolio rather than the ultimate investment. 7."Places like Harvard and Stanford are really corrosive. They are worthless. They have created a monoculture of check-boxing dipshits. They are money-management institutions that basically dole out power and influence based on acceptance and admittance that just entrench the moneyed class."8."They should be getting paid more than an athlete" – calling for the best teachers to take on larger virtual classes while school remains closed and be paid a lot more.

 

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