PayPal Co-Founder Peter Thiel:I Feel Underinvested In Bitcoin
I think most of us feel we underinvested but most here simply due to a lack of funds or we’d all be sitting on major stacks. I do find it interesting his comment on central banks which is very true and their time is nigh.
Peter Thiel – Co-Founder of PayPal and Palantir Technologies – has been a long-standing cryptocurrency advocate, with bitcoin being his most preferable digital asset. In a recent appearance in Miami, he reaffirmed his support, saying that investing in it is both simple and a must. Thiel also regretted not having a more significant BTC position:
“You’re supposed to just buy Bitcoin. I feel like I’ve been underinvested in it.”
Arguably the hottest topic in the cryptocurrency space now is that of bitcoin’s ATH price. Thiel said he would not be surprised if it continues its rally soon. In contrast, the event revealed that central banks are not functioning well:
“Bitcoin at $66,000. Is it going to go up? Maybe. But it surely tells us that we are at a complete bankruptcy moment for the central banks.”