Billionaire entrepreneur Peter Thiel on Thursday called billionaire investor Warren Buffett a top “enemy” of bitcoin and part of a “finance gerontocracy” that has held back the cryptocurrency’s adoption.
But... Billionaire entrepreneur Peter Thiel on Thursday called billionaire investor Warren Buffett a top “enemy” of bitcoin and part of a “finance gerontocracy” that has held back the cryptocurrency’s adoption. But a group that the outspoken venture capitalist referred to as the “finance gerontocracy” has suppressed bitcoin’s adoption, said Thiel, who called Buffett a “sociopathic grandpa from Omaha.” Buffett is the chairman and chief executive of Omaha-based Berkshire Hathaway Inc. BRK.A BRK.B .
“Why bitcoin has not yet gone up to $100,000 to a million dollars? Why has it not yet converged with gold or or even with the equity markets more broadly?” Thiel said. “It’s a movement as a political question, whether this movement is going to succeed, or whether the enemies of the movement are going to succeed in stopping us.”
Bitcoins only makes sense with discretionary money.
Thiel is upset his peers think he is wacko, and therefore deduces its wise to publicly call them out, reinforcing the belief in his lunacy
I trust Larry Fink
Bitcoin not for me and I am just a peon.
Crypto is backed or protected by nobody. Too risky.
As bitcoin was about to rally, we are now testing lower support levels and this area should be bought for a bullish resolution to the upside Mt_49k is a super underrated bitcoiner I’ve been taking her tweets and tips seriously & I’ve been doing really great Follow her