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Bitcoin Could Hit $1 Million Says Coinfund’s Ginns

Dec.16 — Bitcoin surpassed $21,000 for the first time, piling on the gains already made this year. The digital currency has already tripled in 2020. Seth Ginns, managing partner and head of liquid investments at Coinfund, speaks with Bloomberg’s Caroline Hyde, Romaine Bostick and Joe Weisenthal on “What’d You Miss?”

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Dec.16 — Bitcoin surpassed $21,000 for the first time, piling on the gains already made this year. The digital currency has already tripled in 2020. Seth Ginns, managing partner and head of liquid investments at Coinfund, speaks with Bloomberg’s Caroline Hyde, Romaine Bostick and Joe Weisenthal on “What’d You Miss?”

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11 Comments

11 Comments

  1. QUANTUM ARMY

    December 17, 2020 at 12:42 am

    hahaha…did u wanna see it hit a Mill..just say yes..and we will pump then dump

  2. Cameron Impastato

    December 17, 2020 at 12:45 am

    No, $1mm around 2030.

    Bitcoin was founded and grown from the tech age. It follows repeating mathematic principles. The institutions own nothing compared to those that bought in its first years. The early buyers control the price, they follow ideals different from financiers.

    • C J

      December 17, 2020 at 1:07 am

      You have a crystal ball? no. The whales currently in the game will get demolished by institutional wall of money.

  3. Karan Minhas

    December 17, 2020 at 12:46 am

    Pump!

  4. French Fry Montana

    December 17, 2020 at 12:50 am

    Buy Bitcoin????

  5. umbo DamiaDami

    December 17, 2020 at 12:53 am

    Woow woow ???????? ????????❤️

  6. B.

    December 17, 2020 at 12:55 am

    looool. no fucking way.

  7. RayCPhoto

    December 17, 2020 at 12:57 am

    LOL hope this guy is right

  8. Michel DJ xAhm

    December 17, 2020 at 1:08 am

    I’m single ????????????????????

  9. symmetry

    December 17, 2020 at 1:21 am

    You know what to do

  10. Hines Soto

    December 17, 2020 at 1:27 am

    Fantastic ???????? ????????♥️❤️

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Bloomberg Technology

Crusoe CEO: Data Center Indusry Has a ‘Marketing Issue’

Crusoe CEO Chase Lochmiller discusses the AI infrastructure company’s nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company’s push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and…

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Crusoe CEO Chase Lochmiller discusses the AI infrastructure company’s nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company’s push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and pushes back against growing opposition to data centers, arguing the industry has a “marketing issue” and needs to better communicate its impact on water, jobs and local tax revenue. He joins Ed Ludlow on “Bloomberg Tech.”
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Former FTC Technologist Warns Against an AI ‘Cartel’

As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable “cartel” that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and…

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As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable “cartel” that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and liability laws already provide tools for addressing harms caused by AI. He joins Ed Ludlow on “Bloomberg Tech.”
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Anthropic Investor Franklin: AI Safety Concerns Won’t Slow Spending

Calls to “pace” development at the AI frontier are unlikely to translate into a slowdown in infrastructure spending, according to Sara Araghi, Franklin Templeton Portfolio Manager and Franklin Venture Partner. She argues that even if labs temper some model training, growing inference demand will continue to require enormous amounts of compute. Araghi also discusses why…

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Calls to “pace” development at the AI frontier are unlikely to translate into a slowdown in infrastructure spending, according to Sara Araghi, Franklin Templeton Portfolio Manager and Franklin Venture Partner. She argues that even if labs temper some model training, growing inference demand will continue to require enormous amounts of compute. Araghi also discusses why heightened AI safety concerns could boost demand for cybersecurity and why she doesn’t expect the debate to derail funding or anticipated AI IPOs. She joins Ed Ludlow on “Bloomberg Tech.”
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