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23 June 2021

White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin – Bitcoin News

White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin – Bitcoin News


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White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin – Bitcoin News.

President Joe Biden’s tech advisor, Tim Wu, is a millionaire in bitcoin, Politico wrote in article this week, quoting his personal financial disclosure.

“Bitcoin isn’t backed by any sovereign, and unlike a stock or a bond, it gives you a claim to nothing other than Bitcoin itself,” Wu wrote in an article while also admitting that this “illusory quality” describes most other forms of money as well.

The White House advisor’s bitcoin investment accounts for 25 to 43% of his assets worth between almost $4 million and $11.5 million.

What do you think of White House advisor Tim Wu’s bitcoin investment.

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