Eike Batista, one of Brazil's most well-known entrepreneurs, recently revealed that he has changed his mind about bitcoin and cryptocurrencies. After a period of skepticism, he said he has studied the subject further and understood that the technology behind cryptocurrencies can "make a difference in the world."
Batista believes the world is moving towards total tokenization, where blockchain, the technology behind cryptocurrencies, can “disrupt the arbitrage of stock markets.” He also highlighted the importance of the limited number of bitcoin units, which is 21 million, which makes it a “guaranteed and absolute store of value.”
"I have always valued technology and innovation," Batista said in a video posted on his Instagram account. "Now it's time to embrace this world." #EikeBatista #bitcoin $BTC
