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

Billionaire Paypal co-founder Peter Thiel has compiled a listing of bitcoin’s enemies, the “finance gerontocracy” he mentioned is stopping the worth of the cryptocurrency from hovering 100 instances. Berkshire Hathaway CEO Warren Buffett tops the checklist. Thiel known as him “the sociopathic grandpa of Omaha.”

Peter Thiel Unveils List of Bitcoin’s Enemies

Billionaire Paypal co-founder Peter Thiel shared his checklist of enemies stopping bitcoin from rising 100x Thursday whereas talking on the Bitcoin 2022 convention in Miami, Florida.

The “enemies checklist [is] a listing of people that I feel are stopping bitcoin,” he mentioned. “There’s loads of them, they have a tendency to have anonymous faceless bureaucrat views, which is in fact one of many methods they conceal.” Thiel continued:

We are going to attempt to expose them and understand that that is type of what we’ve to combat for bitcoin to go up 10x, 100x from right here.

“The central banks are going bankrupt. We are on the finish of the fiat cash regime,” he mentioned.

The first particular person on the checklist is Berkshire Hathaway CEO Warren Buffett. Thiel put up an image of Buffett with two of his most well-known quotes about bitcoin: “rat poison” and “I don’t personal any and I by no means will.” He opined:

I feel the sociopathic grandpa of Omaha is maybe probably the most sincere and probably the most direct in it.

Thiel additional famous that Buffett has a bias that makes him lengthy on the fiat cash system, and cash managers who observe the Berkshire Hathaway govt’s recommendation will faux it’s sophisticated to put money into bitcoin.

The subsequent particular person on the checklist of bitcoin’s enemies is JPMorgan Chase CEO Jamie Dimon. Thiel put Dimon’s image up with a quote: “I don’t name them cryptocurrencies, I known as them crypto tokens as a result of currencies have guidelines of legislation behind them, central banks and tax with authorities.”

The subsequent image he put up was of Blackrock CEO Larry Fink, together with his quote: “I see large alternatives in a digitized crypto- blockchain-related foreign money and that’s the place I feel it’s going.” The Paypal co-founder added that Fink’s quote is considerably consultant of an entire style of bitcoin assaults that want additional context, stating that “pro-blockchain is an anti-bitcoin time period, very usually.”

Thiel then introduced up environmental, social, and governance (ESG) requirements, elaborating: “The label they’ve provide you with and maybe the actual enemy is ESG … I feel that ESG is only a hate manufacturing facility.” He burdened:

You can all the time ask the query: ‘What’s the distinction between ESG and CCP, the Chinese Communist Party?’ … When you suppose ESG, try to be considering CCP.

“It is the finance gerontocracy that runs the nation by way of no matter foolish advantage signaling/hate manufacturing facility to them like ESG they’ve,” the billionaire concluded. “This is what I might name, what we’ve to consider as, a revolutionary youth motion, and we’ve to only exit from this convention and take over the world.”

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