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Peter Thiel says bitcoin at $60,000 is a sure sign the ‘decrepit’ political system is about to implode

Peter Thiel says bitcoin at $60,000 is a sure sign the ‘decrepit’ political system is about to implode



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19 Comments

  1. James Dale Davidson and William Rees-Mogg said it better in *The Sovereign Individual*.

    “The more widely dispersed key technologies are, the more widely dispersed power will be, and the smaller the optimum scale of government.”

  2. Apple is still worth twice as much as all BTC.

    It’s not that much.

    You don’t get much now from selling.

    It’s going to go a lot higher to make holders sell after that 30K dip.

    Hedge funds moving in to buy, and never selling.

    I think it’s going to stun people how high it goes from here. Another 5x-10x in the next 6 months.

  3. >Speaking at Monday’s conference hosted by the Stanford Law School chapter of the Federalist Society, Thiel suggested eliminating environmental and immigration laws to balance the US government’s budget, The Information said, adding that Thiel called President Joe Biden a “catastrophe.”

    Yea I was with him until there. He wants a ton of immigrants because he know the gains of their labor will go to capital holders like him while helping crush labor. He also wants environmental protections wiped so externalities of his businesses aren’t priced in and can be passed to consumers.

What do you think?

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