Bitcoin: Telegram Founder Reveals Decade-Long Holdings

During a recent interview with Tucker Carlson, Pavel Durov, co-founder and CEO of Telegram, offered insights into his financial strategy, disclosing that he has maintained a substantial portfolio consisting of fiat currency and bitcoin for over a decade.

Durov underscored Telegram’s staunch dedication to independence, noting the platform’s deliberate avoidance of venture capital funding as a means to preserve its autonomy.

He emphasized that his personal financial choices align with Telegram’s mission-driven approach, prioritizing innovation and user experience over personal extravagance, such as luxury assets or lavish expenditures.

Durov elaborated on the genesis of Telegram, tracing its roots to a tumultuous period in Russia where governmental pressures spurred the need for a secure communication platform.

Looking ahead, Durov expressed optimism regarding advancements in privacy technology, envisioning the development of secure communication devices analogous to cryptocurrency hardware wallets.

In addition to discussing the company’s philosophy and vision, Durov highlighted recent initiatives undertaken by Telegram, including the introduction of an ad revenue-sharing program leveraging Toncoin and the integration of Toncoin payments for in-platform advertising transactions.

Author

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.