peter thiel on bitcoin

Thiel believes bitcoin critics are underestimating the cryptocurrencys great potential to become the cyber equivalent of gold. Bitcoin, on the other hand, could multiply several times over in the coming years. Maybe it could be replaced by silver, but it doesnt seem to be happening. There have been electronic cash attempts that have dated back to the 1980s. Back in 2014, during a Reddit Ask-Me-Anything session, he said that the payment system is badly lacking and that he wasnt ready to take a more bullish position just yet. Founders bought around 15 to 20 million in bitcoin, and it has told investors the firms von wo kann man dogecoin kaufen haul is now worth hundreds of millions of dollars after the digital currencys ripping rise in the past year.

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Trumps presidency, widely expected to be very friendly to this space, may accelerate these innovations, but a Thiel governorship would accelerate them further and might even perhaps bring to reality those flying cars we were promised before our elites. Coinbase and Silicon Valley investor Peter Thiel are among over 40 groups, funds, and angel investors backing the latest addition to the cryptocurrency ecosystems stablecoin arsenal, a new stable. Peter Thiel, the billionaire entrepreneur and venture capitalist, and his VC firm Founders Fund have invested hundreds of millions of dollars in bitcoin, as CCN previously reported. Thiel also noted that using Bitcoin for payments is still too difficult for everyday business. One, the creator of the EOS cryptocurrency. Citing several people familiar with the matter, The Wall Street Journal reports. Our space is one of the few that is still driving at the bleeding edge, keeping that dream alive, with visions of decentralized autonomous organizations that provide machines with the ability to exchange value through plus500 oder smart contracts.

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