🚀 Trevor Noah Regrets Not Investing in Bitcoin: The Comedy of Missed Opportunities

South African comedian and entertainer Trevor Noah regrets not investing in Bitcoin (BTC) during its early days.

Trevor Noah, the comedian, wishes he had bought Bitcoin before.

Last updated: February 27, 2024 02:02 EST | 2 min read

Source: Midjourney

South African comedian and entertainer Trevor Noah has expressed regret over not investing in Bitcoin (BTC) during its early days when it was practically “worth nothing.” 😱

Noah, known for his role as the former host of The Daily Show, shared his sentiments during the Web Summit Qatar 2024 in Doha on February 26.

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While discussing his passion for technology and the increasing prevalence of artificial intelligence, Noah was asked about the biggest mistake he had ever made in his life. 🤔

“The biggest mistake I’ve ever made was not buying Bitcoin when it was nothing, that’s the biggest mistake I’ve made… it cost nothing at some point,” he responded.

He further acknowledged that another mistake was his failure to take the time to understand the cryptocurrency.

Noah Talks About Cryptocurrencies on His Show 💬

Trevor Noah has previously touched upon cryptocurrency and NFT trading during his tenure on The Daily Show. He often humorously commented on the mainstream adoption of Bitcoin, the volatility of crypto prices, and significant market crashes, including the collapse of FTX.

In 2018, false rumors circulated claiming that Noah was leaving the show to pursue Bitcoin trading through an investment scheme called “Bitcoin Revolution South Africa,” but those articles have since been removed.

Source: Midjourney

The Web Summit Qatar: Where Tech Meets Fintech 🌐

The Web Summit Qatar, a prominent tech conference, commenced on February 26 and will continue until February 29.

The event focuses on discussions surrounding fintech and artificial intelligence.

During the opening session, Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani, the Prime Minister of Qatar, announced a significant investment of $1 billion by the Qatar Investment Authority (QIA) in regional and international venture capital funds to support emerging technologies and entrepreneurs.

Noah’s net worth is estimated to be approximately $100 million, according to Celebrity Net Worth.

Bitcoin Price Reaches Highest Level in Two Years 📈

On Monday, Bitcoin hit its highest point in over two years, reaching $57,000.

The cryptocurrency rose 9% to briefly touch the $57,000 milestone, its first time since November 2021, before dropping back down to around $56,500 levels.

Furthermore, Bitcoin’s market capitalization has surpassed $1.1 trillion once again.

Over the past 30 days, the asset has experienced an impressive 34% increase and currently stands just 18.5% below its all-time high of $69,000.

As reported, Fidelity’s Director of Global Macro, Jurrien Timmer, has suggested that the Bitcoin market cap has the potential to reach a quarter of the “monetary gold” market, hitting an impressive $6 trillion.

Timmer’s forecast is based on the assumption that Bitcoin will solidify its position as digital gold and a reliable store of value.

The analysis draws a parallel between the portion of gold held for monetary purposes, estimated at 40% of the world’s above-ground gold, and the potential market value of Bitcoin.

Timmer noted that the monetary gold, excluding jewelry or industrial uses, is currently valued at around $6 trillion, with central banks and private investors holding this significant share.

The Fidelity Director argued that Bitcoin could capture a substantial slice of this market, leveraging its current valuation of $1 trillion as a foundation for further growth.

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Q&A Section 💡

• Q: Why does Trevor Noah regret not investing in Bitcoin?
  • A: Trevor Noah regrets not investing in Bitcoin because he missed out on the opportunity to purchase it when it was worth very little. He now sees its tremendous growth and wishes he had taken advantage of it.
• Q: Does Trevor Noah talk about cryptocurrencies on his show?
  • A: Yes, Trevor Noah has previously discussed cryptocurrencies and NFT trading on The Daily Show. He often adds humor to his commentary on the mainstream adoption of Bitcoin and the volatility of crypto prices.
• Q: What is the Web Summit Qatar?
  • A: The Web Summit Qatar is a tech conference focused on discussions surrounding fintech and artificial intelligence. It brings together industry experts, entrepreneurs, and investors to explore emerging technologies and trends.
• Q: What are the recent developments in Bitcoin’s price?
  • A: Bitcoin recently reached its highest point in over two years, reaching $57,000. Although it briefly touched this milestone before dropping, it still demonstrates its strength as a valuable asset. Bitcoin’s market capitalization has also surpassed $1.1 trillion.
• Q: Can Bitcoin’s market cap reach $6 trillion?
  • A: According to Fidelity’s Director of Global Macro, Jurrien Timmer, Bitcoin has the potential to capture a quarter of the “monetary gold” market, which would equate to roughly $6 trillion. This prediction is based on the assumption that Bitcoin solidifies its position as digital gold and a reliable store of value.

Conclusion 🌟

Trevor Noah’s regret over not investing in Bitcoin early serves as a humorous reminder of missed opportunities in the crypto world. Meanwhile, the Web Summit Qatar sheds light on the exciting advancements happening in the fintech and artificial intelligence spaces. With Bitcoin reaching new heights, the potential for further growth and market cap expansion is a topic of much interest. Keep an eye on the market and stay informed!

🔍 Check out more articles on the topic: 1. “Bitcoin Price Touches $70,000: Year-End Rally to Begin Post Bitcoin Halving 2024?” 2. Follow Us on Google News

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