Bitcoin has a billionaire Barry Sternlicht because governments are now printing money until the end of time '

The billion -dollar CEO of Starwood Capital, an investment company with over $ 95 billion, has announced that he has Bitcoin and ether. "The US government and every government in the western hemisphere now prints money until the end of time, and this is a limited amount of something and can be traded worldwide," he said.

billionaire Barry Sternlicht has Bitcoin and ether

Barry Sternlicht, Chairman and CEO of the Starwood Capital Group, an investment company with over $ 95 billion, managed assets (AUM), spoke on Wednesday in an interview with CNBC about Bitcoin and cryptocurrency. According to the Forbes billionaire list, the net wealth of star light on October 14 is $ 4.4 billion.

The head of Starwood Capital announced that he has Bitcoin and Ether, and found that cryptocurrencies make sense to diversify investment portfolios.

Commentary on what JPMorgan-CEO Jamie Dimon said about Bitcoin's existence worthless, he said: "Gold is somehow worthless." He spoke about Bitcoin as a value preservation means and shared:

Despite possession btc , described the billiards CEO: "Bitcoin is a fool" Coin. It has no other purpose than a value storage and is incredibly volatile. " He continued to explain why he has ether.

In addition, star light found that he is "very interested in blockchain technology as a whole". He says that the technology will "change everything", he believes, "we are probably in an inning."

What do you think of the comments of the billionaire Barry Bitcoin and cryptocurrency? Let us know in the comment area below.

Bedy verification : Shutterstock, Pixabay, Wiki Commons