“Why hasn’t bitcoin gone up to 100,000 or a million dollars yet? Why has it not yet converged with gold or even with equity markets more generally? It is a movement that raises a political question, whether this movement will succeed, or if the enemies of the movement will succeed in stopping us. »
— Billionaire entrepreneur Peter Thiel speaking out against cryptocurrency haters, including investor Warren Buffett, whom he called “the sociopathic grandfather of Omaha,” JPMorgan Chase bank boss Jamie Dimon , and the CEO of the investment company Black Rock, Larry Fink, who, according to him, are part of a “gerontocracy of finance”. He made the remarks at a bitcoin conference in Miami.