According to venture investor Peter Thiel, Warren Buffet is one of the main opponents of cryptocurrencies along with other tycoons. He believes that this group of powerful financial figures led by Warren Buffet is trying to suppress the development of digital assets. He went on to call Buffett a “sociopathic grandpa from Omaha,” adding that he is bitcoin's “enemy number one.” Billionaire venture capitalist Peter Thiel is sure that Warren Buffet tops the list of major crypto enemies. He also names Jamie Dimon, the chief executive of JPMorgan Chase, and Larry Fink, BlackRock CEO, as part of the group that criticizes bitcoin. For your reference, Peter Thiel made a fortune by investing in crypto assets. By 2018, he had accumulated large sums of bitcoin that are now worth hundreds of millions of dollars. He invested in crypto via his venture capital firm Founders Fund. The venture investor recalled how Buffett referred to bitcoin and other cryptocurrencies as “rat poison.” At the same time, Thiel pointed out the controversy in the views of Berkshire Hathaway’s CEO. Surprisingly, the company run by Warren Buffett, who once claimed that he didn’t own any cryptocurrency and never would, invested $1 billion in Nubank, a popular digital bank based in Brazil. Such harsh comments made by a public figure can seriously hurt the progress in the crypto industry, Thiel argues. When asked for a comment, representatives of BlackRock cited the recent letter by the CEO, Larry Fink, who said that the Russia-Ukraine conflict could accelerate the adoption of digital currencies. He also added that a “global digital payment system, thoughtfully designed, can enhance the settlement of international transactions while reducing the risk of money laundering and corruption.”
