Peter Thiel: Warren Buffett Is a 'Sociopathic Grandpa from Omaha' for Opposing Bitcoin

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Peter Thiel: Warren Buffett Is a 'Sociopathic Grandpa from Omaha' for Opposing Bitcoin
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Peter Thiel took shots at Warren Buffett, referring to him as a “sociopathic grandpa from Omaha,” and Bitcoin’s “enemy number 1” Thiel’s fiery remarks came during a recent Bitcoin conference in Miami, Florida.

Ethan Miller/Getty ImagesBillionaire venture capitalist Peter Thiel recently took shots at Warren Buffett, referring to him as a “sociopathic grandpa from Omaha,” and Bitcoin’s “enemy number 1” Thiel’s fiery remarks came during a recent Bitcoin conference in Miami, Florida.that billionaire venture capitalist Peter Thiel had no shortage of words for investor Warren Buffett during a recent bitcoin conference in Miami. “Enemy No.

Thiel at one point displayed a headshot of Buffett with the words “rat poison” alongside it, referencing the time that Buffett used the term to describe and dismiss Bitcoin. Another Buffett quote stated: “I don’t own any and I never will.” However, despite this promise from Buffett, Berkshire invested $1 billion in Brazil’s Nubank, an online bank popular among cryptocurrency investors.

“This is what we have to fight for bitcoin to go 10x or 100x from here,” Thiel said referencing the financial executives. Thiel noted that the investors appear to have no issue praising blockchain technology but criticize Bitcoin itself and its legitimacy. “When they choose not to allocate to Bitcoin, that’s a deeply political choice,” Thiel said.

Thiel has been an outspoken backer of multiple Republican politicians, including former President Donald Trump. Thiel added that Buffet invests in a “list of woke companies,” during his speech.

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