Bitcoin’s ongoing rally has been catching the attention of billionaires, retail investors, and celebrities alike. This much was made clear when Masayoshi Son, the famous chief executive of Softbank (which runs the Vision Fund), talked about Bitcoin and cryptocurrencies in a recent interview/presentation at a New York Times event.
Unlike some other billionaires, he shared that he isn’t too excited about Bitcoin right now.
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Masayoshi Son, who famously bought a large amount of Bitcoin near the 2017 peak, recently commented on the cryptocurrency in an interview with the New York Times that he found Bitcoin distracting.
He doesn’t seem to want to buy back in due to Bitcoin being a time-consuming investment for him.
Son did admit, though, that he thinks cryptocurrencies and digital currencies as a whole have longer-term staying power.
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