Bitcoin’s price is currently around $42,300… with billionaire Peter Thiel hoping the leading cryptocurrency will skyrocket by 100x, taking BTC to an insane $4 million.
Bitcoin going past parabolic and surging 100x the Federal Reserve past $4 million per BTC would shift the entire financial system, not just the cryptocurrency. Thiel’s comments came from the Bitcoin 2022 Summit in Miami, Florida.
Thiel had some valiant words for the old money out there, throwing valiant words at Warren Buffett – who has named Bitcoin.rat poison” — whereupon Thiel against the “sociopathic grandpa“. Thiel said during his speech that Bitcoin is intentionally undervalued and that BTC is the most honest market in the world. Thiel said: “Bitcoin is the canary in the coal mine; it told us that inflation is coming; it tells us that central banks are bankrupt; it tells us that we are at the end of the fiat money regime“.
“I am still confident that Bitcoin will increase by a factor of 100x“.
Thiel added: “[ESG] is just a hate factory. It’s an enemy naming factory and we shouldn’t let them do that. When you think of ESG, you should think of the Chinese Communist Party“.
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.