Billionaire investor and entrepreneur Chamath Palihapitiya evaluated the cryptocurrency industry.
Billionaire Chamath PalihapitiyaHe said that the cryptocurrency industry is in a classic bubble cycle.
Billionaire Addresses NFTs
Billionaire and investor Chamath Palihaptiya addressed the drop in volume of NFTs on his All-In podcast.
Social Capital CEO Palihapitiya uses the example of Burning Man and Coachella, two large-scale music festivals that aim to be unique but are perhaps mostly the same thing.