Billionaire Peter Thiel Says Bitcoin Could Rise 100x — Unveils BTC’s Enemy List With Warren Buffett at Top

2 years ago

Billionaire Peter Thiel Says Bitcoin Could Rise 100x — Unveils BTC's Enemy List With Warren Buffett astatine  Top

Billionaire Paypal co-founder Peter Thiel has compiled a database of bitcoin’s enemies, the “finance gerontocracy” helium said is stopping the terms of the cryptocurrency from soaring a 100 times. Berkshire Hathaway CEO Warren Buffett tops the list. Thiel called him “the sociopathic grandpa of Omaha.”

Peter Thiel Unveils List of Bitcoin’s Enemies

Billionaire Paypal co-founder Peter Thiel shared his database of enemies stopping bitcoin from rising 100x Thursday portion speaking astatine the Bitcoin 2022 league successful Miami, Florida.

The “enemies database [is] a database of radical who I deliberation are stopping bitcoin,” helium said. “There’s a batch of them, they thin to person nameless faceless bureaucrat perspectives, which is of people 1 of the ways they hide.” Thiel continued:

We are going to effort to exposure them and recognize that this is benignant of what we person to combat for bitcoin to spell up 10x, 100x from here.

“The cardinal banks are going bankrupt. We are astatine the extremity of the fiat wealth regime,” helium said.

The archetypal idiosyncratic connected the database is Berkshire Hathaway CEO Warren Buffett. Thiel enactment up a representation of Buffett with 2 of his astir celebrated quotes astir bitcoin: “rat poison” and “I don’t ain immoderate and I ne'er will.” He opined:

I deliberation the sociopathic grandpa of Omaha is possibly the astir honorable and the astir nonstop successful it.

Thiel further noted that Buffett has a bias that makes him agelong connected the fiat wealth system, and wealth managers who travel the Berkshire Hathaway executive’s proposal volition unreal it is analyzable to put successful bitcoin.

The adjacent idiosyncratic connected the database of bitcoin’s enemies is JPMorgan Chase CEO Jamie Dimon. Thiel enactment Dimon’s representation up with a quote: “I don’t telephone them cryptocurrencies, I called them crypto tokens due to the fact that currencies person rules of instrumentality down them, cardinal banks and taxation with authorities.”

The adjacent representation helium enactment up was of Blackrock CEO Larry Fink, with his quote: “I spot immense opportunities successful a digitized crypto- blockchain-related currency and that’s wherever I deliberation it’s going.” The Paypal co-founder added that Fink’s punctuation is somewhat typical of a full genre of bitcoin attacks that request further context, stating that “pro-blockchain is an anti-bitcoin term, precise typically.”

Thiel past brought up environmental, social, and governance (ESG) standards, elaborating: “The statement they’ve travel up with and possibly the existent force is ESG … I deliberation that ESG is conscionable a hatred factory.” He stressed:

You tin ever inquire the question: ‘What’s the quality betwixt ESG and CCP, the Chinese Communist Party?’ … When you deliberation ESG, you should beryllium reasoning CCP.

“It is the concern gerontocracy that runs the state done immoderate silly virtuousness signaling/hate mill to them similar ESG they have,” the billionaire concluded. “This is what I would call, what we person to deliberation of as, a revolutionary younker movement, and we person to conscionable spell retired from this league and instrumentality implicit the world.”

What bash you deliberation astir Peter Thiel’s comments? Let america cognize successful the comments conception below.

Kevin Helms

A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.

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