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Warren Buffett is No. 1 Enemy of Bitcoin, Says Peter Thiel – FT

Thiel, who made his name as an early investor in Facebook, dismissed revered investor Warren Buffett as a “sociopathic grandpa from Omaha”


Peter Thiel's outburst came in front of a cheering crowd at the Bitcoin 2022 conference in Miami. Photo: Reuters

 

Peter Thiel, the libertarian tech investor, challenged some of the most powerful US financial figures over their criticism of bitcoin, accusing them of trying to suppress what has become a powerful political movement, the Financial Times reported.

Thiel, who made his name as a contrarian and early investor in Facebook, dismissed revered investor Warren Buffett as a “sociopathic grandpa from Omaha” and cast Jamie Dimon of JPMorgan Chase and Larry Fink of BlackRock, as part of a “finance gerontocracy”.

Read the full report: Financial Times

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.