Cryptocurrencies
Thiel Blasts Dimon, Buffett and Fink as ‘Finance Gerontocracy’ at Bitcoin 2022
- Billionaire calls Berkshire CEO a ‘sociopathic grandpa’
- Fed Chair Powell also criticized at Bitcoin 2022 conference
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Billionaire entrepreneur Peter Thiel called Warren Buffett, Jamie Dimon and Larry Fink members of a “finance gerontocracy” opposed to a “revolutionary youth movement” that embraces Bitcoin.
In his keynote speech at the Bitcoin 2022 conference in Miami Thursday, Thiel blamed the finance titans for the digital currency’s failure to reach $100,000, a benchmark popular among the asset’s die-hard supporters.