Recently, in an interview within the framework of the Bitcoin 2022 event taking place in Miami, the co-founder of payment platform Paypal, billionaire Peter Thiel revealed a list of Bitcoin’s “enemies” and at the same time. “accusing” these individuals is the main reason why the price of this cryptocurrency cannot yet be “x100”.
Billionaire Peter Thiel, co-founder of Paypal and a strong believer in Bitcoin
“These are the people who, in my opinion, are in one way or another holding back the growth of Bitcoin,” the billionaire bluntly shared.
Topping Thiel’s list is none other than “Oracle of Omaha”, investment legend Warren Buffett. Although he highly respects the CEO of the investment fund Berkshire Hathaway because of his outspoken and straightforward personality, Thiel considers him to be the biggest enemy of Bitcoin and does not forget to give as an example two photos in which Warren Buffett called Bitcoin “rat poison” and claimed “I don’t own any BTC and never will”.
Two statements by Warren Buffett were made during the presentation
“Buffett’s biases that keep him stuck with traditional assets and the individuals (mostly leaders) who follow the advice of the ‘old wizard of Omaha’ have also contributed to pushing back the momentum. of Bitcoin,” added Peter Thiel.
However, it seems that the situation has changed when Berkshire Hathaway recently disbursed up to $ 1 billion to invest in Nubank – a bank closely related to cryptocurrencies based in Brazil.
Next on the list is the chief executive officer of JPMorgan Chase, Jamie Dimon. Unlike Buffett, the leader of the largest bank in the US believes that Bitcoin is not really a currency because it is not subject to regulations from the central bank and tax authorities. While Bitcoin and other types of digital assets up to now do not.
JPMorgan Chase CEO Jamie Dimon (left) and BlackRock CEO Larry Fink (right) are the next 2 names to appear in Peter Thiel’s speech.
Last on the list of Paypal co-founder is Larry Fink CEO of BlackRock investment fund, he thinks that Bitcoin and other digital assets are still not “ripe” enough to become a real asset class.
Concluding the speech, Peter Thiel emphasized: “This is the struggle for the value of Bitcoin to increase 10, even 100 times compared to the present. It is known that Paypal co-founder Peter Thiel is a person. has a strong belief in Bitcoin, but conversely has no sympathy for any other cryptocurrency, including Ethereum.Currently, the 54-year-old billionaire owns hundreds of millions of dollars worth of Bitcoins through Founders Fund established by himself.
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