Tech billionaire Peter Thiel, a co-founder of Paypal and Palantir, reportedly spoke about bitcoin at an event held in Miami. At the time, bitcoin had just surpassed its highest price ever and Thiel said "you are only supposed to buy bitcoin" adding, "I feel like I haven't invested enough in it."
Peter Thiel Postulates Meeting Satoshi Nakamoto On An Anguilla Beach
Tech investor Peter Thiel is a bitcoin fan (BTC) and has explained this in a few occasions in the past. In mid-May, Palantir Technologies, the American big data software firm, revealed that the company would accept bitcoins for services and was also considering keeping the crypto asset on its balance sheet.
Bloomberg reported that the billionaire venture capitalist said that bitcoin is a "well known" secret, speaking at a conference in Miami. In addition to this statement, Thiel allegedly said that he felt "underinvested" in bitcoin.
Additionally, Thiel also spoke about an early meeting with the founders of E-Gold Ltd., the defunct digital gold company. Thiel spoke about a theory he has that he may have known Satoshi Nakamoto, the creator of Bitcoin, the day he met with the E-Gold team.
"My kind of theory about Satoshi's identity was that Satoshi was on that beach in Anguilla," says Thiel. quoted saying. “I met them on Anguilla Beach in February 2000. We were starting the revolution against central banks on Anguilla Beach. We were going to make Paypal interoperable with E-Gold and blow up all the central banks. "
Thiel said there were about 200 people at that initial meeting. "Bitcoin was the answer to E-Gold, and Satoshi learned that you had to be anonymous and you didn't have to own a company," Thiel said. "Even a company, even a corporate form, was too tied to the government," said the tech billionaire.
Peter Thiel: 'The fact that Bitcoin is at $ 60,000 is an extremely hopeful sign'
Information published another set of Thiel's statements that emerged from a separate event on Monday. The rise in the price of bitcoin, Theil said, was a clear indicator that the current political system is fractured.
"I don't know if you should put all your money in bitcoin at $ 60,000 per bitcoin right now," Thiel said. “But surely the fact that it is at $ 60,000 is a very hopeful sign. It is the canary in the coal mine. It is the most honest market we have in the country and it tells us that this decrepit ... regime is about to explode, ”added Thiel.
Thiel has made some interesting statements about bitcoin as of late and has alluded to to China using bitcoin as a financial weapon against the United States. In 2018, Thiel said that it was a "long bitcoin" and that he believed institutional investors would eventually jump into the cryptocurrency economy.
Palantir's co-founder has also said that bitcoin was a "deeply contrary"Investment. Speaking of Satoshi Nakamoto, Thiel suggested that if people knew who the inventor of Bitcoin was," the government would arrest him.
What do you think of Peter Thiel's latest statements on bitcoin and Satoshi Nakamoto? Let us know what you think on this topic in the comment section below.
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