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Kim Dotcom Predicted Bitcoin’s Rise Two Years Ago

Kim Dotcom Predicted Bitcoin’s Rise Two Years Ago

Web entrepreneur and digital rights activist, Kim Dotcom, congratulated Twitter followers who purchased Bitcoin primarily based on his recommendation in 2018.

In keeping with a tweet printed on August 17, the founding father of the now-defunct file-sharing web site, Megaupload, additionally praised followers that managed to capitalize on gold’s rising costs.

In August 2018, Dotcom advised his followers that they need to purchase Bitcoin and gold. He stated that the U.S. greenback “will grow to be nugatory” and that he believed {that a} “U.S. financial collapse” was imminent. He felt that this may take all “previous cash currencies” down, explaining:

“Occasions will get robust. However you’ll be nice for those who hedge a few of your property in preparation for the crash. The massive crash is coming 100%.”

One consumer refuted Dotcom’s tweet, claiming that followers who took his recommendation made nothing however “extra ineffective paper.” Dotcom replied that the consumer “have to be new” right here.

As of press time, Bitcoin is at present buying and selling above $12,000, whereas Gold has rallied above $2,000 in current weeks.

Dotcom’s curiosity in crypto is well-known. On October 22, the cryptocurrency change Bitfinex introduced that its Preliminary Trade Providing, or IEO, platform would supply a digital content material monetization token referred to as Ok.im in partnership with Kim Dotcom.

Nonetheless, the corporate abruptly canceled the token sale on November 5, citing the altering face of regulatory scrutiny over such tokens.

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