Margaret Constance “Maisie” Williams—the actress that played Arya Stark in Game of Thrones—asked whether she should invest in Bitcoin (BTC) and received some interesting answers.
Williams asked in a Nov. 16 tweet whether she should “go long on Bitcoin” and received answers from major cryptocurrency personalities and even tech tycoon Elon Musk himself. The pro-Bitcoin Tesla founder and CEO answered with a reference to another swords and sorcerers-focused TV series, Netflix’s “The Witcher”:
“Toss a bitcoin to ur Witcher.”
That references the bard’s song advising people that investing in a witcher is a good investment against monsters—which could well be the economic consequences of coronavirus and the resulting massive printing of money which is driving down the value of the dollar.
Crypto Twitter answered
Other major personalities from the cryptocurrency space answered Williams’ question as well. Among them, founder and CEO of Grayscale Investments’ parent firm Barry Silbert, founder of crypto bank Galaxy Digital Mike Novogratz, and Tron’s Justin Sun who reacted quite enthusiastically:
“Yes! It is time to FOMO!”
Novogratz, on the other hand, made an example of himself and said that he recently bought more at a price of $15,800 per Bitcoin. He also made some quite positive predictions when it comes to the price of the world’s first cryptocurrency:
“It’s going to 20k and [then to $65,000]. The network effect has taken over. I see tons of new buyers and there is very little supply. It’s an easier trade here than at 11k. So YES, buy it.”
Tyler Winklevoss, CEO and co-founder of U.S. crypto exchange Gemini, cited a recent note sent to Citibank’s institutional customers. As Modern Consensus reported yesterday, the bank’s managing director Tom Fitzpatrick suggested in the report that Bitcoin will reach $318,000 by December 2021.
Silbert, lastly, shamelessly promoted his firm’s own product and recommended Williams to “check out Grayscale.”
Grayscale Investments is the world’s largest digital asset management firm and—while Silbert’s advice looks like just a way to promote one of his firms—the company definitely believes that it is the right time to buy Bitcoin as he is recommending. As Modern Consensus reported in late September—at the time the fund increased its Bitcoin holdings from 432,800 BTC to 449,900 BTC.
Furthermore, Grayscale also suggested in a late October report that more than half of U.S. investors are interested in buying Bitcoin, and nearly one quarter already have. The firm’s managing director Michael Sonnenshein said:
“This data makes it clear that investor interest in Bitcoin grew substantially in 2020. As investors become more familiar with Bitcoin and better understand the role it can play in a diversified portfolio, they are more likely to invest.”
Twitter was less enthusiastic about Bitcoin, although just as eager to answer Williams, whose yes/no poll had more that 864,000 responses at press time: 54.2% voted no.