Praises About Bitcoin (BTC) From The Famous Tesla Investor!

Famous Tesla investor Ross Gerber cryptocurrency of bitcoin He believes that Bitcoin is permanent after he once again managed to defy the odds with his outstanding performance in January.

“Bitcoin Is Like a Cockroach, It Never Dies”

Gerber, co-founder and CEO of Gerber Kawasaki Wealth & Investment Management, wrote on Twitter this morning:

“Another day of fun for $23,000 worth of Bitcoin and challenging the haters who are sure to die. But no, BTC is like a cockroach that comes back every time.”

The tweet was accompanied by a cockroach emoji.

Another fun day for bitcoin. $23k and defying the haters who were sure it was dead. But no, bitcoin is like a cockroach 🪳 returns every time.

— Ross Gerber (@GerberKawasaki) January 21, 2023

This investor has been a longtime advocate of cryptocurrencies, so his tweet didn’t come as much of a surprise.

Gerber announced that he owns BTC on the Off The Chain podcast with Anthony Pomliano in 2020. The leading investor described Bitcoin as an inflation hedge and digital gold.

Bitcoin truly resembles the legendary cockroach, an almost immortal creature that long resists extinction in an ever-changing environment. The cockroach’s resilience derives from its ability to adapt and survive in a wide variety of conditions, while its simplicity gives it a distinct advantage over more complex organisms that want to challenge its standing.

They can live with very limited resources and reproduce rapidly, allowing them to easily move on when conditions change.

Likewise, Bitcoin is revolutionizing the global economy and has grown exponentially since its inception in 2009, despite numerous setbacks. The decentralized nature of BTC makes it resistant to manipulation or capture by countries, banks or other large institutions. This decentralized structure provides financial independence and freedom from foreign interference, while reducing the risks associated with inflation.

*Not investment advice.