Thiel calls Buffett ‘sociopathic grandpa from Omaha’ about bitcoin
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Peter Thiel
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Peter Thiel was a billionaire venture capitalist at the bitcoin conference that took place on Thursday. Warren BuffettTops the “enemies” list of those who want to prevent cryptocurrency.
Thiel declared that “Enemy Number One”, to the booing Miami crowd, was “the sociopath grandpa of Omaha.” Omaha, Nebraska is where Buffett’s Berkshire Hathaway headquarters are located.
Thiel, who in 2018 was a millionaire reportedlyThrough venture company Founders Fund, I am able to accumulate bitcoin worth hundreds of millions of Dollars. JPMorganChief Executive Officer Jamie DimonAnd BlackRockLarry Fink, CEO. Thiel showed large graphics featuring images of Thiel and Fink, as well as their bearish remarks about Bitcoin.
The images all contained the word “gerontocracy.” About Dimon, Thiel said his views are part of “the New York City banker bias.”
Thiel held up a picture of Buffett, with the words “rat- poison” written on it. This was referring to how Berkshire Hathaway CEO Benjamin Franklin described Bitcoin as. Buffett also said, “I don’t have any” and that he would never own them. Berkshire Hathaway invested $1 billion earlier this year in Brazil’s economy. NubankAn online bank called. It’s a popular choice for crypto investors.
The Miami tirade is Thiel’s latest and boldest public attack on the people he sees as standing in the way of bitcoin’s progress.
“This is what we have to fight for bitcoin to go 10x or 100x from here,” Thiel said.
He stated that although they are happy to promote blockchain as the tech underpinning cryptocurrency, some investors feel the need for bitcoin to be taken down and its legitimacy.
“When they choose not to allocate to bitcoin, that’s a deeply political choice,” said Thiel, a huge backer of Republican politicians, most notably former President Donald Trump. Thiel stated that Buffett invests in “list of wise companies”.
At one point, Thiel presented a colorful photo of Miami next to the word “youth.”
He said, “We have to tell you, you know that you must get on board with it.”
Berkshire Hathaway representatives and BlackRock did not immediately respond to this report. JPMorgan spokespeople declined to comment.
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