RATE Group | Shark Tank host prefers Bitcoin to gold
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Shark Tank host prefers Bitcoin to gold

03 Mar Shark Tank host prefers Bitcoin to gold

Posted at 02:28h in Bitcoin News by

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Robert Herjavec believes that Bitcoin adoption will be boosted when an industry giant like JPMorgan backs it.
He also called the crypto market a “fragmented industry,” pointing to altcoins, urging investors to be careful. 

Contributing to the ongoing gold vs Bitcoin debate, Robert Herjavec has declared his support for Bitcoin over the precious metal. Herjavec is a Canadian investor who founded BRAK Systems and co-host of ABC’s Shark Tank along with billionaire and noted Bitcoin critic – Mark Cuban. Speaking during a segment in Kitco’s news segment, he claimed that he isn’t a big believer in gold being a safe haven asset. Praising Bitcoin, Herjavec said:

I think the price of Bitcoin on a long-term basis will quintuple. 

He also added that a $100,000 and $1 million Bitcoin price “doesn’t sound crazy,” and called Bitcoin “convenient.” He also noted he would buy Bitcoin at these bargain levels, with the price dropping below the…

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