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Palihapitiya: Everyone should have 1% of their assets in bitcoin

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Palihapitiya: Everyone should have 1% of their assets in bitcoin

Chamath Palihapitiya, chairman of Virgin Galactic and founder of investment firm Social Capital, explained to CNBC's "Squawk Box" crew why he says bitcoin is a "fantastic hedge."

02:22

Wed, Feb 26 20209:27 AM EST

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