Billionaire Paypal co-founder Peter Thiel has compiled a list of bitcoin’s enemies, the “finance gerontocracy” he said is stopping the price of the cryptocurrency from soaring a hundred times. Berkshire Hathaway CEO Warren Buffett tops the list. Thiel called him “the sociopathic grandpa of Omaha.”
Peter Thiel Unveils List of Bitcoin’s Enemies
Billionaire Paypal co-founder Peter Thiel shared his list of enemies stopping bitcoin from rising 100x Thursday while speaking at the Bitcoin 2022 conference in Miami, Florida.
The “enemies list [is] a list of people who I think are stopping bitcoin,” he said. “There’s a lot of them, they tend to have nameless faceless bureaucrat perspectives, which is of course one of the ways they hide.” Thiel continued:
We are going to try to expose them and realize that this is sort of what we have to fight for bitcoin to go up 10x, 100x from here.
“The central banks are going bankrupt. We are at the end of the fiat money regime,” he said.
The first person on the list is Berkshire Hathaway CEO Warren Buffett. Thiel put up a picture of Buffett with two of his most famous quotes about bitcoin: “rat poison” and “I don’t own any and I never will.” He opined:
I think the sociopathic grandpa of Omaha is perhaps the most honest and the most direct in it.
Thiel further noted that Buffett has a bias that makes him long on the fiat money system, and money managers who follow the Berkshire Hathaway executive’s advice will pretend it is complicated to invest in bitcoin.
The next person on the list of bitcoin’s enemies is JPMorgan Chase CEO Jamie Dimon. Thiel put Dimon’s picture up with a quote: “I don’t call them cryptocurrencies, I called them crypto tokens because currencies have rules of law behind them, central banks and tax with authorities.”
The next picture he put up was of Blackrock CEO Larry Fink, with his quote: “I see huge opportunities in a digitized crypto- blockchain-related currency and that’s where I think it’s going.” The Paypal co-founder added that Fink’s quote is somewhat representative of a whole genre of bitcoin attacks that need further context, stating that “pro-blockchain is an anti-bitcoin term, very typically.”
Thiel then brought up environmental, social, and governance (ESG) standards, elaborating: “The label they’ve come up with and perhaps the real enemy is ESG … I think that ESG is just a hate factory.” He stressed:
You can always ask the question: ‘What’s the difference between ESG and CCP, the Chinese Communist Party?’ … When you think ESG, you should be thinking CCP.
“It is the finance gerontocracy that runs the country through whatever silly virtue signaling/hate factory to them like ESG they have,” the billionaire concluded. “This is what I would call, what we have to think of as, a revolutionary youth movement, and we have to just go out from this conference and take over the world.”