Peter Thiel har igen godkendt Bitcoin, which he recently argued is tantamount to digital gold.
And much like gold, the billionaire co-founder of PayPal conjectures that the cryptocurrency is destined to be a store of value rather than a means of payment.
“It’s like bars of gold in a vault that never move,” he told a CNBC reporter during a conversation at the Economic Club of New York last week, tilføjer:
“It’s sort of hedge of sorts against the whole world falling apart.”
He also struck a bullish tone on bitcoin in particular – versus other cryptocurrencies – suggesting that the largest cryptocurrency by market capitalization will maintain its position.
“There will be one online equivalent to gold,” he reportedly claimed, “and the one you’d bet on would be the biggest.”
Despite his prediction, Thiel did not express complete confidence in bitcoin, and speculated that there is a 50 til 80 percent chance that it will have no value in the future. Ikke desto mindre, he also noted that on the flip side, there is a 20 til 50 percent chance that it will increase in value.
“Probability weighted, it’s good,” he told CNBC.
Thiel’s investments suggest he may be even more bullish on bitcoin than he lets on. As previously rapporteret by CoinDesk in January, Founders Fund, of which Thiel is the co-founder, recently purchased between $15 millioner til $20 million worth of bitcoin across several of its funds.
He has also publicly stated that he believes critics are “underestimating” the cryptocurrency.
Image Credit: Dan Taylor via Wikimedia Commons
Lederen i blockchain nyheder, CoinDesk er en medie, der stræber efter de højeste journalistiske standarder og overholder en streng sæt redaktionelle politikker. CoinDesk er en uafhængig drift datterselskab af Digital Valuta Group, der investerer i cryptocurrencies og blockchain opstarter.