equitieswatch
Tuesday, June 6, 2023
About us
Advertise
  • Home
  • Stock Market
  • Finance
  • Cryptocurrency
  • Commodities
No Result
View All Result
Equitieswatch.com
No Result
View All Result

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

by equitieswatch
April 10, 2022
in Cryptocurrency

YOU MAY ALSO LIKE

BTC Below $20,000, ETH Slips Under $1,000 – Market Updates Bitcoin News

Bitcoin Breaches $19K Level – Will Selloff Continue? What’s The Next Bottom?

Billionaire Paypal co-founder Peter Thiel has compiled a list of bitcoin’s enemies, the “finance gerontocracy” he said is stopping the price of the cryptocurrency from soaring a hundred 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 list of enemies stopping bitcoin from rising 100x Thursday while speaking at the Bitcoin 2022 conference in Miami, Florida.

The “enemies list [is] a list of people who I think are stopping bitcoin,” he said. “There’s a lot of them, they tend to have nameless faceless bureaucrat perspectives, which is of course one of the ways they hide.” Thiel continued:

We are going to try to expose them and realize that this is sort of what we have to fight for bitcoin to go up 10x, 100x from here.

“The central banks are going bankrupt. We are at the end of the fiat money regime,” he said.

The first person on the list is Berkshire Hathaway CEO Warren Buffett. Thiel put up a picture of Buffett with two of his most famous quotes about bitcoin: “rat poison” and “I don’t own any and I never will.” He opined:

I think the sociopathic grandpa of Omaha is perhaps the most honest and the most direct in it.

Thiel further noted that Buffett has a bias that makes him long on the fiat money system, and money managers who follow the Berkshire Hathaway executive’s advice will pretend it is complicated to invest in bitcoin.

The next person on the list of bitcoin’s enemies is JPMorgan Chase CEO Jamie Dimon. Thiel put Dimon’s picture up with a quote: “I don’t call them cryptocurrencies, I called them crypto tokens because currencies have rules of law behind them, central banks and tax with authorities.”

The next picture he put up was of Blackrock CEO Larry Fink, with his quote: “I see huge opportunities in a digitized crypto- blockchain-related currency and that’s where I think it’s going.” The Paypal co-founder added that Fink’s quote is somewhat representative of a whole genre of bitcoin attacks that need further context, stating that “pro-blockchain is an anti-bitcoin term, very typically.”

Thiel then brought up environmental, social, and governance (ESG) standards, elaborating: “The label they’ve come up with and perhaps the real enemy is ESG … I think that ESG is just a hate factory.” He stressed:

You can always ask the question: ‘What’s the difference between ESG and CCP, the Chinese Communist Party?’ … When you think ESG, you should be thinking CCP.

“It is the finance gerontocracy that runs the country through whatever silly virtue signaling/hate factory to them like ESG they have,” the billionaire concluded. “This is what I would call, what we have to think of as, a revolutionary youth movement, and we have to just go out from this conference and take over the world.”

What do you think about Peter Thiel’s comments? Let us know in the comments section below.

Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.




Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

More Popular News

In Case You Missed It



Source link

ShareTweetPin

Search

No Result
View All Result

Recent News

Oil slips further on demand, financial market worries By Reuters

Oil Sinks Further Amid China Concerns, Weakened Economic Prospects By Investing.com

October 25, 2022
Gold Up, Set for Second Weekly Gain as Dollar Falls from 20-Year High By Investing.com

Gold Pressured Near $1,650, Copper Muted on Economic Fears By Investing.com

October 25, 2022
Explainer-What would be the impact of Russian oil sanctions in Europe? By Reuters

Oil prices edge higher as U.S. dollar eases By Reuters

October 25, 2022
Equitieswatch.com

Equitieswatch.com is your Stock Market, Finance, Forex, Cryptocurrency, Business, NFT News Website. We provide you with the latest breaking news and videos straight from the Business industry.

  • Home
  • About us
  • Contact
  • Privacy Policy

© 2022 www.equitieswatch.com

No Result
View All Result
  • Home
  • Stock Market
  • Finance
  • Cryptocurrency
  • Commodities

© 2022 www.equitieswatch.com