Secret Bitcoin Enemies Explained by PayPal Co-Founder

Peter Thiel, co-founder of the online payment platform PayPal, said that Bitcoin could increase 100 times; however, he explained that it was blocked by 'Bitcoin enemies'.
 Secret Bitcoin Enemies Explained by PayPal Co-Founder
READING NOW Secret Bitcoin Enemies Explained by PayPal Co-Founder

The rapid spread of cryptocurrencies all over the world despite certain doubts causes us to encounter new news about this subject every day. Some of these news are the predictions about how the future values ​​of these currencies, which are thought to be the technology of the future, will reach.

In the past weeks, we shared with you Apple’s co-founder Steve Wozniak’s prediction that the price of Bitcoin (BTC) will reach $100,000. In addition, the $ 82 billion investment company VanEck made a wild prediction about the leading cryptocurrency and announced that its value could reach up to $ 4.8 billion. Now, a Bitcoin statement has come from the co-founder of PayPal, one of the largest online financial services companies in the world.

“Bitcoin enemies prevent a 100-fold increase”

54-year-old Peter Thiel, one of the co-founders of US-based online payment company PayPal, said that Bitcoin has hundreds of He said it could increase. The famous entrepreneur, who has a fortune of $ 5.2 billion, claimed that this huge increase was blocked by some ‘Bitcoin enemies’ in his statements at the 2022 Bitcoin conference held in Miami, USA on Thursday.

Expressing that Bitcoin’s enemies prevent the increase in value, Thiel stated that these people try to stay hidden. Thiel stated that they want to expose these people so that Bitcoin can increase ten or even a hundred times from its current levels ($42,600). Thiel also stated that central banks are heading for bankruptcy; He added that we are now approaching the end of the fiat currency regime.

Warren Buffet, who has a fortune of 128 billion dollars, is on the list

The first name on the ‘Bitcoin enemies’ list of the famous billionaire has a fortune of 128 billion dollars, which is among the ten richest people in the world businessman and investor Warren Buffet. Thiel stated that the 91-year-old billionaire is on this list, using Buffet’s description of Bitcoin as ‘rat poison’ and the statements ‘I don’t have any Bitcoin, never will’. In addition, Thiel noted that Buffet was biased on the subject and that the legendary investor gave negative opinions about Bitcoin to those who took his advice.

Another name on Thiel’s list is Jamie Dimon, CEO of US banking giant JP Morgan Chase. In his statements, Dimon said, “I don’t see cryptocurrencies as currency; because behind the currencies there are rules, authorities, central banks and taxes.” In addition, Thiel drew attention to ESG (Environmental, social and corporate governance), which means environmental, social and managerial practices that can have an impact on investments, adding that ESG standards instill hatred and are the main enemy.

Finally, the billionaire, who likened the financial systems of countries to gerontocracy (the seniors being at the highest hierarchical level) for reasons such as ESG, said that they needed to make a revolution in this regard and that the world’s thoughts on this issue had to be changed.

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