Peter Thiel knows Bitcoin is the only solution. His speech at btc 2022 https://youtu.be/ko6K82pXcPA?si=Nz4dlQmDZfCjgT8P Good most recent statement is bearish though. https://x.com/MDBitcoin/status/1806870028714664268?t=64VOaY6jizF_zcLYeySUJg&s=19
I saw that and scratched my head. What about global liquidity rising when central banks cut rates, more companies adding it to treasuries, sovereign wealth funds allocating, family offices buying ETFs, financial advisors getting approval to offer ETFs, retail finally catching fomo…. When cash sloshes around the world some will make it into this fixed supply asset and NGU.
He's wrong though about the cypherpunk movement, which is stronger than ever. Guys like him just don't see Nostr and ecash coming.
Exactly. Missed layer 2 completely.