Thiel’s $100 Bill Toss: A Statement on Fiat vs. Crypto
Peter Thiel, the renowned PayPal co-founder and venture capitalist, created quite the ruckus at the Bitcoin 2022 conference in Miami. His entrance was as flamboyant as a peacock at a cat convention – he literally threw a bundle of hard cash into the crowd, proclaiming the superiority of cryptocurrency over government-sanctioned fiat money. His cheeky remark, “I thought you guys were supposed to be Bitcoin maximalists,” elicited laughter and perhaps a few sheepish grins from the onlookers.
Thiel’s Enemies List: The Notorious BTC Critics
During his electrifying keynote address, Thiel didn’t just extol the virtues of Bitcoin; he also unveiled his enemies list. Topping that list was none other than Warren Buffett, whom he dubbed “Enemy No.1” and described as a “sociopathic grandpa.” If that wasn’t spicy enough, he also took aim at financial luminaries like Jamie Dimon and Larry Fink. Thiel accused them of maintaining a “gerontocracy” steadfastly opposed to cryptocurrency.
Ricardo Salinas: The Bitcoin Bull
Following Thiel’s antics, Mexican billionaire Ricardo Salinas took the stage to declare his unwavering confidence in Bitcoin. With a remarkable 60% of his liquid portfolio now in BTC, the business magnate’s conversion from just 10% in December 2020 showcases a rapid embrace of crypto. Salinas humorously claimed, “I definitely don’t have any bonds,” pivoting from traditional assets to Bitcoin and hard assets like oil and gas. Looks like he sees crypto’s future as bright as his 12.8 billion-dollar net worth!
New Jurisdictions Going All In on Bitcoin
In another exciting revelation, former Blockstream chief strategy officer Samson Mow announced that two new regions will be adopting Bitcoin as legal tender. Roatán in the Caribbean and Madeira in Portugal are planning to join the ranks of Bitcoin-believing territories. Rumor has it, Mexico is also mulling over this revolutionary move. As the crypto world spins on, more places appear to be hopping aboard the Bitcoin express train!
Unforeseen Circumstances: Where Is Bukele?
As the excitement mounted, a last-minute twist caught attendees off guard. El Salvador’s president, Nayib Bukele, was initially slated to speak on the third day, but the conference tweeted that he had withdrawn due to “unforeseen circumstances” amid a state of emergency back home. Let’s just hope he’s not wrestling with any crypto-hating monsters!
As the Bitcoin 2022 conference continues into its concluding day, attendees eagerly anticipate speeches from high-profile guests, including psychologist Jordan Peterson and investor Mike Novogratz. The stage is set for more intriguing discussions that promise to intertwine the fates of finance and humanity.
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