In Stunning Speech, Peter Thiel Blasts Buffett, Dimon, & Fink As "Finance Gerontocracy"; Sees Bitcoin Rising 100-Fold

On a foundational level: Fix the money, fix the world. “My hope is that it [Bitcoin] creates world peace” – Jack Dorsey

In traditional finance, an entrepreneur has to address each country separately. Whereas Bitcoin is open to everyone globally from day one.

the most striking feature of that system is how little it has changed in the space of a decade, despite the ‘great dying’ of so many banks, hedge funds and other entities, and the promulgation of thousands of pages of new financial regulation on both sides of the Atlantic. Banks are certainly better capitalized than they were ten years ago. In othe

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Digital gold: $30 – $70T