22 sats \ 3 replies \ @siggy47 30 Jun \ parent \ on: The Iconoclast - Peter Thiel builders
Remember, this was when China controlled an enormous amount of the hash rate. After this, mining was banned in China, and most of the hash rate moved to the US. Now that BlackRock owns so much bitcoin, Thiel has now replaced that company as his bogeyman. I think he takes things too far, though I am not a fan of BlackRock, and China still controls ASIC production.
write
preview
65 sats \ 2 replies \ @Coinsreporter 30 Jun
Actually my view of Thiel is little abrasive. Many people have started to view him as a Bitcoin pagan, but I think he is just another fella who loves to entertain himself by anything.
reply
22 sats \ 1 reply \ @siggy47 30 Jun
He seems to me to be thinking out loud often, without fully forming his ideas. We all do that all the time, but he's famous, so all of his opinions are given a great deal of attention.
reply
65 sats \ 0 replies \ @Coinsreporter 30 Jun
Yes, you're right. I don't doubt his tech and entrepreneurship skills. But many times he makes statements that are exaggerated without clues.
reply