In a speech at the Bitcoin 2022 conference in Miami, the mogul primarily took aim at the CEO of holding company Berkshire Hathaway, Warren Buffett, calling him "sociopathic grandfather from Omaha" and "enemy number one" of cryptocurrency.
Billionaire venture capitalist and Paypal co founder Peter Thiel on Thursday accused three major US financial figures of being enemies of bitcoin.
Thiel also added JP Morgan Chairman Jamie Dimon and BlackRock CEO Larry Fink to the list of enemies he wants to expose, accusing them of facilitating a system that harbors institutional and political bias against Bitcoin.
Buffett had previously referred to cryptocurrency as rat poison and, in the same vein, Dimon called it fraud and worthless.
Thiel said that Central Banks are bankrupt and that today we are at the end of the fiat money regime. Likewise, he believes that bitcoin is the last alternative to the entire traditional financial system.
“The financial gerontocracy that runs the country through their absurd moral boasting or hate-mongering terms like ESG environmental, social and governance against what I would call.
What we have to consider a revolutionary youth movement, he stressed. We're going to try to expose them, she added. When they choose not to allocate bitcoin, that is a deeply political choice, and we must stand up to them, the tycoon concluded.
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