Ledger co-founder Eric Larchevêque says Bitcoin (CRYPTO: BTC) is not a path to quick wealth but a way to protect the "fruit" of one’s work in a world where bank deposits, gold custody and fiat savings depend on third parties.
What Happened
In an interview with "When Shift Happens" on June 25, Larchevêque said his conviction in Bitcoin was shaped by early experiences with the traditional financial system.
He recalled losing access to funds after a Latvian bank failed and later being denied physical access to gold bars held through a Luxembourg bank, which instead liquidated the gold and wired him euros.
Those experiences, he said, made him realize the difference between assets investors think they own and assets they control.
