Famous tech investor Peter Thiel presented while speaking at a major cryptocurrency conference in Miami, a crypto hot spot. He wanted to expose anti-crypto investors, he said. Warren Buffett is top-ranked on this enemy list. Thiel referred to Buffet as a “sociopathic grandpa” for Buffett’s previous comments casting doubt on the value of crypto.
“Enemy No. 1,” Thiel said. In addition to Buffett, JP Morgan CEO Jamie Dimon and BlackRock CEO Larry Fink are top-ranked. “They need to be allocating some of their money to bitcoin,” he said. “We need to push back on them.”
Thiel co-founded PayPal in 1998 with Elon Musk, then departed to run a series of investment firms, including Founders Fund. Forbes noted that his enemy list was the most striking moment in an otherwise straightforwardly Bitcoin 2022. Thiel also criticized central banks worldwide, slamming them for their slow uptake of digital technology. The increase in bitcoin’s value over the last several years is “telling us that the central banks are bankrupt,” he said. It’s “telling us that we’re at the end of the fiat money regime.”