to climb higher in price. Other Cryptocurrencies Could Surpass, though Thiel has long been an enthusiastic supporter of bitcoin, he nonetheless believes that it's likely other digital currencies like ethereum will surpass bitcoin in value. The cryptocurrency has a limited supply and only 21 million bitcoin will be mined. The founder of PayPal Inc. There has been rising interest in bitcoin this year. These are measures that could destabilize the.S. PayPal founder and venture capitalist compared some of bitcoin's features to gold. In fact, he said that he's "not sure he would encourage people to run out right now and buy these cryptocurrencies" in a recent interview.
Peter Thiel is the latest big name from the world of tech and fina nce to offer commentary on bitcoin, and he s optimistic about the future of the. The founder of PayPal Inc.
Peter Thiel is betting on bitcoin to be the online equivalent to gold Bitcoin potential very underestimated, billionaire Peter Thiel says Peter Thiel says people are still underestimating bitcoin - Business Peter Thiel Believes Bitcoin May Be on the Outs Investopedia
Watch: Thiel said to be ditching Silicon Valley show chapters. Bitcoin dominated more than 42 percent of total market capitalization among cryptocurrencies Thursday, while ethereum accounted for about 19 percent, according to Coinmarketcap. The cryptocurrency recently hit a new record high above 6,100 and has rallied over 500 percent this year. 4 lethal weapons China has in its arsenal to win the US-China trade war. The overseer of Founders paras forex strategia Fund brought in up to 20 million of bitcoin to its portfolio back in January, prompting a 9 rise in the price of BTC within just a day of the purchase, according. "Gold continues to be gold because it's the main asset class Thiel said. "Maybe it could be replaced by silver but it doesn't seem to be happening.".