11 sats \ 5 replies \ @siggy47 30 Jun \ on: The Iconoclast - Peter Thiel builders
Peter has some very weird freak out moments:
https://finance.yahoo.com/news/peter-thiel-china-using-bitcoin-093000576.html
Do you believe that he is right about his comments on China?
reply
Remember, this was when China controlled an enormous amount of the hash rate. After this, mining was banned in China, and most of the hash rate moved to the US. Now that BlackRock owns so much bitcoin, Thiel has now replaced that company as his bogeyman. I think he takes things too far, though I am not a fan of BlackRock, and China still controls ASIC production.
reply
Actually my view of Thiel is little abrasive. Many people have started to view him as a Bitcoin pagan, but I think he is just another fella who loves to entertain himself by anything.
reply
reply
Yes, you're right. I don't doubt his tech and entrepreneurship skills. But many times he makes statements that are exaggerated without clues.
reply