Tag Archives: Peter Theil

Peter Thiel – a tech billionaire and the co-founder of PayPal – said in a recent interview that bitcoin’s recent price surge is a massive sign of incoming inflation, which apparently is getting worse by the minute. Peter Thiel: Bitcoin Is Now a Victim of Inflation In a recent interview, Thiel said the economy was facing a major crisis, and that inflation was the highest it has been in roughly 13 years. He commented: You know, $60,000 bitcoin, I’m not sure that one should...

For many people, i.e. Warren Buffett, bitcoin and cryptocurrency are two things that should be avoided at all costs. For others however, like billionaire Peter Thiel, bitcoin’s success is just getting started, and the coin represents a whole new wave of financial innovation that the world hasn’t seen yet.Peter Thiel: The BTC Champion?Thiel is the co-founder of PayPal. His love of crypto is ironic considering he lost former executive David Marcus to Facebook’s blockchain division. Marcus later...