Comedian Trevor Noah Regrets Missing Early Bitcoin Investment Opportunity
Summary:
South African comedian Trevor Noah expressed regret at not investing in Bitcoin when it was valued lower, during a conversation at Web Summit Qatar 2024. The former host of The Daily Show also admitted to not understanding Bitcoin's technology. These comments come as Bitcoin's price reaches a 25-month high. Despite his regrets, Noah’s estimated worth is around $100 million.
Famous South African personality, Trevor Noah shared his biggest regret was not investing in Bitcoin when it had a low value. Speaking to a large audience at the Web Summit Qatar 2024 in Doha on February 26, the former Daily Show host disclosed his enthusiasm for tech and perspectives on the trend of artificial intelligence. He declared his utmost mistake was not purchasing Bitcoin when it was virtually worthless. He admitted not making an effort to understand it was another error. The source of this information was a YouTube video of Noah speaking about Bitcoin at the Web Summit Qatar.
Noah has openly expressed his views on cryptocurrency and NFT trading during his tenure on the American late-night program, The Daily Show, which he helmed until September 2022. His discussions primarily focused on how Bitcoin and cryptocurrency were becoming commonplace, while also joking about terminology used in cryptocurrency and its fluctuating prices. Noah commended on market crashes and FTX's fall. In 2018, false news circulated that Noah planned to exit The Daily Show to venture into Bitcoin trading through an initiative called “Bitcoin Revolution South Africa.” These articles, however, seem to have been since removed. He did eventually depart from the show in 2022, stating his tenure had come to an end.
Starting on February 26 and continuing until February 29, the tech event in Qatar primarily discussed areas like fintech and AI. The Qatari Prime Minister, Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani, also made an appearance at the event's inauguration, revealing a $1 billion investment in international and regional venture capital funds by the Qatar Investment Authority to foster entrepreneurship and budding technologies.
While the comedy star may be disappointed over skipping crypto opportunities, his estimated net worth of $100 million, as per Celebrity Net Worth, may soften the blow. Noah's regrets were emphasized as the cryptocurrency's price reached a 25-month peak of $56,700 in early market trades on February 27, pushing Bitcoin's market cap over the $1.1 trillion threshold again. Over the last 30 days, the asset had gained 34%, and it stands 18.5% lower than its $69,000 peak in November 2021.
Published At
2/27/2024 8:04:44 AM
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