Bitcoin 2022: Thiel calls Buffett 'sociopathic', Mexican billionaire has 60% in BTC

Day 2 of the Bitcoin 2022 successful Miami was arsenic colorful arsenic we’ve travel to expect, with Pay-Pal co-founder and task capitalist Peter Thiel offering up his Bitcoin “enemies list” portion Mexico’s third-richest man, Ricardo Salinas revealed helium has 60% of his portfolio successful Bitcoin. 

Thiel, 1 of the keynote speakers, took to the main Nakamoto signifier of the league successful the aboriginal day and kicked the code disconnected successful benignant by throwing a wad of $100 bills into the assemblage successful an effort to explicate the quality betwixt crypto and government-backed fiat currency.

As the assemblage rapidly reached for the money, Thiel joked, “I thought you guys were expected to beryllium itcoin maximalists.”

He past gave an energizing pro-Bitcoin code successful which helium predicted that Bitcoin would summation 100-fold from today’s price and that accepted concern markets would yet crumble.

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

Thiel besides offered up his enemies database successful which helium gave legendary Berkshire Hathaway capitalist Warren Buffett the apical spot, labeling him “Enemy No.1”. Thiel called Buffett a “sociopathic grandpa” — evidently taking issues with the Berkshire Hathaway CEO’s Bitcoin-critical commentary.

Thiel’s database besides included JPMorgan Chase CEO, Jamie Dimon and Blackrock CEO, Larry Fink, denouncing the radical of billionaires for moving a “gerontocracy” — a nine ruled by aged radical — against cryptocurrency.

Later successful the time Mexican billionaire, Ricardo Salinas utilized his 15 minutes connected the main signifier to instrumentality purpose astatine bonds and denote that helium presently holds 60% of his full liquid concern portfolio successful Bitcoin — a sizeable summation from the 10% that helium held successful Dec. 2020.

“I decidedly don’t person immoderate bonds… I person 60% successful Bitcoin and Bitcoin equities, and past 40% successful hard plus stocks similar lipid and state and golden miners, and that’s wherever I am.”

Salinas, whose net-worth is estimated to beryllium astir $12.8 billion, was an aboriginal capitalist successful Bitcoin. In an interview with Cointelegraph, Salinas said that helium purchased his archetypal Bitcoin successful 2013, erstwhile the mean terms was astir $200 a piece.

Earlier successful the day, Samson Mow, the erstwhile main strategy serviceman of Blockstream, announced two caller jurisdictions would beryllium moving to follow Bitcoin arsenic ineligible tender. The Caribbean land of Roatán and Madeira, an autonomous portion of Portugal confirmed that they volition beryllium adopting BTC arsenic ineligible tender. Mexico is besides reportedly considering the move.

Related: Mayor unveils ‘Miami Bull’ statue with laser eyes to footwear disconnected Bitcoin 2022

El Salvadoran president, Nayib Bukele was scheduled to talk second-last connected Thursday, nevertheless the Bitcoin Conference officially announced his withdrawal connected Twitter connected April 7, quoting “unforeseen circumstances.” There is presently a authorities of exigency successful the state owed to spiraling pack violence.

Day 3 of the Bitcoin 2022 league volition diagnostic much talks from high-profile guests including a fireside speech with celebrated scientist Jordan Peterson, a keynote code from legendary capitalist Mike Novogratz, arsenic good arsenic a presumption by Thiel Capital director, Eric Weinstein.