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What changed is, someone very powerful said this: "One of my incredibly big misses over the last decade was not buying enough Bitcoin. At $60k per Bitcoin, I'm still not sure if one should aggressively buy it, but surely it is telling us that we are at a crisis moment for the Fed."


I'm not sure he actually is all that good at picking such things given his history https://en.wikipedia.org/wiki/Peter_Thiel#Clarium_Capital


> Thiel used $10 million of his proceeds to create Clarium Capital Management…

> 57.1% return … 7.8% loss … 40.3% return

> …By 2011, after missing out on the economic rebound, many key investors pulled out, reducing the value of Clarium's assets to $350 million, two thirds of which was Thiel's money.

Sounds like it was overall somewhat profitable?


I searched for who said this but came up empty. Where is this quote from?



Thanks for the link. I didn't find that quote in the article, but maybe it was in there. If it's not in there then it's crazy that you linked that article saying "Peter Thiel" - another commenter said the same thing. If it's in there then it's weird that my quoted Google Search didn't yield at least that article.


And pretty sure by "not enough" he means only bought single digit 1000s of bitcoins rather than hundreds of thousands or millions of bitcoins.


a recent Peter Thiel talk: https://youtu.be/Bw1ByVhJt7A?t=740




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