Orlando Bravo Announced That He Bought Bitcoin

Orlando Bravo, co-founder of the famous billionaire US-based private equity firm Thoma Bravo, announced that he bought Bitcoin.

Orlando Bravo, the co-founder of Thoma Bravo, which also invested $900 million in the FTX exchange, was added to the business people who expect a significant growth from Bitcoin in the coming years. Stating that there is only Bitcoin investment in the program where he was a guest on CNBC, Bravo stated that the currencies of many countries are starting to lose value and the only solution is Bitcoin. Bravo said, "In Argentina, people can't trade without a calculator." Bravo's other statements were as follows:

"Crypto Will Remain In Our Lives..."

"How can you not love cryptocurrencies? Crypto will definitely survive. Look at the current action. Aren't we tired of paying high transaction fees? Or having high commissions when exchanging money?"

"Currency Devalues..."

"We're seeing currencies now devalued in many countries. People in Argentina people can't trade without calculators. Crypto is a really great system. It's decentralized, frictionless, and now young people want their own financial system. So they want crypto to stay, and it will." "On top of all this, blockchain technology can often offer much better use cases than database software."

"There Will Be A Serious Price Increase..."

"Of course, I also have an investment in cryptocurrency. That is Bitcoin. It is a very simple situation. More people will start using it in the future and it will be a more established system. Institutional companies are at the beginning of everything. I think there will be a very significant price increase, but to give a number It is also very difficult. But as I said, more people will use it, there will be a more spread and established Bitcoin system, and corporate firms have not even fully invested in Bitcoin yet…”