Peter Thiel Believes Most People Severely Underrate Bitcoin - Here's Why
In the ever-evolving landscape of financial technology and digital currencies, central figures and their beliefs play a pivotal role in shaping the direction and perception of assets like bitcoin Among these influential voices, PayPal Co-founder's consistent belief in bitcoin, despite various viewpoints from other industry leaders, stands out as a testament to the cryptocurrency's resilience and potential as a digital store of value The Enduring Belief in bitcoin's Potential Given the dynamic nature of the cryptocurrency market, the steadfast support from key individuals such as the PayPal Co-founder is noteworthy In a revealing interview back in 2017, his insights into bitcoin's unique value proposition highlighted a comparison between bitcoin and traditional assets like gold He emphasized bitcoin's role as a "reserve form of money," likening it to gold in terms of being a store of value rather than focusing on its utility for everyday transactions...
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