Despite being considered a lucrative land for investors, many of the world’s billionaires still hold a negative view of Bitcoin, especially the digital asset.
In a recent interview within the framework of the Bitcoin 2022 event in Miami, billionaire Peter Thiel, co-founder of payments platform Paypal, revealed Bitcoin’s list and “enemies.” The “blame” of these people is the main reason why the price of this cryptocurrency has not reached “x100”.
Billionaire Peter Thiel, co-founder of Paypal and staunch believer in Bitcoin
“In my opinion, these people are holding back Bitcoin’s growth in a way,” shared the outspoken billionaire.
At the top of Thiel’s list is the “Oracle of Omaha,” investing legend Warren Buffett. While paying tribute to the Berkshire Hathaway hedge fund CEO’s outspoken and outspoken personality, Thiel sees him as Bitcoin’s worst enemy and didn’t forget to call him Warren in two photos Buffett. is Bitcoin. It’s like “rat poison” and states “I don’t own any bitcoin and never will.”
Warren Buffett makes two statements in speech
“Buffett’s biases that have him sticking to traditional assets and individuals (mostly leadership) on the advice of the ‘Wizards of Omaha’ have contributed to his success. ‘Hinder’. Bitcoin’s momentum,” Peter Thiel added .
However, that appears to be changing with Berkshire Hathaway recently setting aside up to $1 billion to invest in Brazil-based crypto-related bank Nubank.
Next on the list is JPMorgan CEO Jamie Dimon. Unlike Buffett, the leader of the largest U.S. bank believes that Bitcoin is not a real currency because it is not regulated by central banks and tax authorities. Whereas Bitcoin and other digital assets have not so far.
Last on the list of Paypal co-founders is Larry Fink, CEO of BlackRock Investment Fund, who believes bitcoin and other digital assets are not yet “mature” enough to be a true asset class.
At the end of the speech, Peter Thiel emphasized: “It’s a struggle to grow Bitcoin 10 times or even 100 times more than it is now. As we all know, Paypal co-founder Peter Thiel is a man of faith. He believes in Bitcoin, but By contrast, there is no empathy for any other cryptocurrency, including Ethereum.