Episode #482 from 3:54:13
Bitcoin
And mini apps include games, they include tools, services of any kind. It's an app within the ecosystem of Telegram. Let me ask you about crypto in general. So you've been an early supporter of cryptocurrencies, Bitcoin. You've bought in into Bitcoin early on. You kept buying. Maybe you could speak to the reasoning why you kept buying Bitcoin. Do you think Bitcoin will go to a million dollars? Do you think it'll keep increasing, Bitcoin and all the other cryptocurrencies? I was a big believer in Bitcoins since more or less the start of it. I got to buy my first few thousands of Bitcoin in 2013, and I didn't care much. I think I bought at the local maximum, it's something like $700 per Bitcoin and I just threw a couple of millions there. A lot of people after Bitcoin later next year, went down somewhere close to 300, 200. Started to express their sympathy to me. So, "Poor Pavel. You made this horrible mistake investing in this new thing, but don't feel bad about it. We still have some respect for you." And my response to them were, "I don't care. I'm not going to sell it. I believe in this thing. I think this is the way money should work. Nobody can confiscate your Bitcoin from you. Nobody can censor you for political reasons."
Why this moment matters
And mini apps include games, they include tools, services of any kind. It's an app within the ecosystem of Telegram. Let me ask you about crypto in general. So you've been an early supporter of cryptocurrencies, Bitcoin. You've bought in into Bitcoin early on. You kept buying. Maybe you could speak to the reasoning why you kept buying Bitcoin. Do you think Bitcoin will go to a million dollars? Do you think it'll keep increasing, Bitcoin and all the other cryptocurrencies? I was a big believer in Bitcoins since more or less the start of it. I got to buy my first few thousands of Bitcoin in 2013, and I didn't care much. I think I bought at the local maximum, it's something like $700 per Bitcoin and I just threw a couple of millions there. A lot of people after Bitcoin later next year, went down somewhere close to 300, 200. Started to express their sympathy to me. So, "Poor Pavel. You made this horrible mistake investing in this new thing, but don't feel bad about it. We still have some respect for you." And my response to them were, "I don't care. I'm not going to sell it. I believe in this thing. I think this is the way money should work. Nobody can confiscate your Bitcoin from you. Nobody can censor you for political reasons."