Millionaire philanthropist Bill Pulte has once again voiced his support for Bitcoin on Twitter.
Together with gold and silver, this is something that he wants his three million followers to keep a close eye on.
Here are 3 things you want to keep an eye on:— Bill Pulte (@pulte) May 12, 2020
I am not a licensed doctor, therapist, or financial advisor. So don’t listen to me!
Bigwigs rally behind Bitcoin
Back in December, Pulte tweeted about buying 11 BTC while promoting it as a tool that could help the world’s poorest.
Cryptocurrency can help the world’s poorest...especially those who are “unbanked” ... as a philanthropist, I therefore want to promote adoption. Leave comment why you need Bitcoin and I’ll pick one person to send some satoshis to ... Yes this is real 😊 ...— Bill Pulte (@pulte) December 14, 2019
Apart from Pulte, there are quite a few other bigwigs who are known as staunch Bitcoin proponents, including Twitter CEO Jack Dorsey and venture capitalist Tim Draper.
Recently, legendary hedge fund manager Paul Tudor Jones also joined the list of high-profile crypto backers by investing two percent of his $5.1 bln net worth into BTC.
Not publicity stunts
The Bitcoin proponent inherited a fortune from his late billionaire grandfather William J. Pulte who founded publicly-traded home construction company Pulte Group.
Apart from supporting crypto, he would also make headlines by giving away cash to strangers and promising to donate $30,000 to a veteran if he got a retweet from President Donald Trump (which he did).
Not everyone is amused by Pulte’s philanthropic efforts. Some acrimoniously claim that the heir is simply squandering his grandfather’s riches to fish for publicity.
While addressing this criticism, Pulte said that he spends his own money on charity:
Most people don’t know this, and it’s not necessarily worth me convincing them, but I actually became wealthy independent of my grandfather and independent of my family.