See (a few minutes long): [https://youtu.be/Ufm85wHJk5A?t=2686](https://youtu.be/Ufm85wHJk5A?t=2686)
I was very struck by Thiel’s comments on E-Gold and how it may have helped spark Bitcoin as a decentralized alternative. Also, reading about E-Gold and Douglas Jackson is really quite fascinating. He had all of the major issues exactly right, far earlier than anyone else. Granted, he did create a centralized solution which clearly failed but it’s a very interesting story to learn about in contrast to what is happening today. Shame that he believes Bitcoin is a speculative bubble. But an interesting vignette in Bitcoin history that I rarely see discussed.
Curious to know what others think.