Peter Thiel calls Warren Buffett, Jamie Dimon, and Larry Fink a ‘finance gerontocracy’ and ‘enemies of bitcoin’
Billionaire entrepreneur Peter Thiel on Thursday called billionaire investor Warren Buffett a top “enemy” of bitcoin and part of a “finance gerontocracy” that has held back the cryptocurrency’s adoption.
But... Billionaire entrepreneur Peter Thiel on Thursday called billionaire investor Warren Buffett a top “enemy” of bitcoin and part of a “finance gerontocracy” that has held back the cryptocurrency’s adoption. But a group that the outspoken venture capitalist referred to as the “finance gerontocracy” has suppressed bitcoin’s adoption, said Thiel, who called Buffett a “sociopathic grandpa from Omaha.” Buffett is the chairman and chief executive of Omaha-based Berkshire Hathaway Inc. BRK.A BRK.B .
“Why bitcoin has not yet gone up to $100,000 to a million dollars? Why has it not yet converged with gold or or even with the equity markets more broadly?” Thiel said. “It’s a movement as a political question, whether this movement is going to succeed, or whether the enemies of the movement are going to succeed in stopping us.”
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