Paypal co-founder and venture capitalist Peter Thiel, spoke at the Bitcoin 2022 conference and lashed out at some of the leading American financiers. According to Thiel, these financiers are primarily responsible for not reaching the $100,000 milestone in the pioneering cryptocurrency.
Especially Peter Thiel, who called Berkshire Hathaway CEO Warren Buffett a “sociopathic grandpa.” It also targeted JPMorgan Chase CEO Jamie Dimon and BlackRock CEO Larry Fink.
Peter Thiel focuses on the environmental, social and governance (ESG) investments of these financial giants. bitcoinPeter Thiel, who believes he is trying to harm . He also thinks Blackrock was behind Tesla’s decision to stop accepting Bitcoin payments due to climate concerns.
German-American billionaire Peter Thiel, who has often been criticized for supporting far-right Republicans, also criticized Federal Reserve Chairman Jerome Powell, claiming as a final warning he should be “extremely grateful” to have Bitcoin.
Thiel, one of the bosses of Silicon Valley, decided to leave Meta’s board of directors earlier this year. The reason for this separation will be a pioneer to support conservative and right-wing candidates (especially Trump) in the midterm elections.
In October, Bitcoin (BTC) Peter Thiel, who stated that the price exceeding $ 60,000 is an “extremely promising sign”. He also emphasized that this was a sign of the “worn out” regime that was on the verge of collapse. Thiel later attributed Bitcoin’s massive rally to out-of-control inflation.
The world’s largest cryptocurrency peaked on November 10 at $69,044. Currently trading at $ 43,674 on the Bitstamp exchange, Bitcoin is far behind the expected price. However, Galaxy Digital CEO Mike Novogratz recently stated that if the Fed becomes less hawkish, Bitcoin’s price could skyrocket in 2022.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.