How To Achieve Financial Freedom – Bitcoin Billionaire Explains Strategy
More and more people are becoming interested in Bitcoin and digital assets these days, and this seems to have intensified this year when we’re in the middle of an enormous global crisis.
Investors are seeing in Bitcoin a safe haven, and this is why the mainstream adoption of digital assets is booming these days.
How to attain financial freedom
The online publication the Daily Hodl notes that Bitcoin billionaire and founder of venture capital fund Social Capital Chamath Palihapitiya just shared his strategy for attaining financial freedom.
During a recent interview, he said that building a network of people with shared values and a shared sense of identity and working towards the very same goal can offer a really strong foundation that people can then use to achieve financial freedom.
“To me, if we can give people a more reasonable roadmap where they can execute it, they can learn, and they can have a community of other like-minded folks that can put in the time and work and help each other over five, ten, fifteen, twenty years to compound capital no matter how small, but just to start, I think you’d be surprised at how many people are intellectually capable of achieving financial freedom on their own. And in that, I think there is a path out of this kind of very depressing state that we’re in,” he said.
He also offered people an example and talked about his experience with the Tesla community. He said that back in 2015, he found a community of investors who were crowdsourcing knowledge on the company, and this led him to bet on Elon Musk.
“There was so much knowledge that helped us feel like we were making the right decision. It existed in this long tail of people who took it upon themselves to build a community that wanted to understand the company, not necessarily to be a blind cheerleader, but they would really go and double click, and they were doing a level of work that was incredible,” he explained.
We recommend that you check out more about what he had to say in the original article posted by the Daily Hodl.
— Chamath Palihapitiya (@chamath) October 19, 2020
Meanwhile, regarding Bitcoin, he is really bullish on the future of the king coin.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.