{"id":14810,"date":"2024-06-28T18:38:26","date_gmt":"2024-06-28T15:38:26","guid":{"rendered":"https:\/\/forklog.com\/en\/peter-thiel-reaffirms-commitment-to-bitcoin\/"},"modified":"2024-06-28T18:38:26","modified_gmt":"2024-06-28T15:38:26","slug":"peter-thiel-reaffirms-commitment-to-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/peter-thiel-reaffirms-commitment-to-bitcoin\/","title":{"rendered":"Peter Thiel Reaffirms Commitment to Bitcoin"},"content":{"rendered":"<p>PayPal co-founder Peter Thiel confirmed on CNBC that he holds the leading cryptocurrency, though he expressed doubts about a significant price increase for the asset.<\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Peter Thiel still holds some bitcoin but isn't sure the price will rise 'dramatically'\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/_NwdcWYXWPU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div>\n<\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;I still have some [bitcoins]. I didn&#8217;t buy as much as I should have,&#8221; he noted.<\/p>\n<\/blockquote>\n<p>However, Thiel is not sure &#8220;that it will continue to rise so sharply.&#8221;<\/p>\n<p>At the time of writing, the leading cryptocurrency is trading near $61,000. Over the past 24 hours, it has fallen by 0.9%, according to <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"804\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-06-28_18-35-58-1024x804.png\" alt=\"BTCUSDT_2024-06-28_18-35-58\" class=\"wp-image-235955\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-06-28_18-35-58-1024x804.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-06-28_18-35-58-300x235.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-06-28_18-35-58-768x603.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-06-28_18-35-58.png 1111w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">15-minute chart of BTC\/USDT on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/BTCUSDT\/?exchange=BINANCE\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>The PayPal co-founder expressed regrets over insufficient investments in digital gold back in 2021. He has long been a proponent of cryptocurrencies, having stated in 2017 that people underestimate Bitcoin&#8217;s potential.<\/p>\n<p>The venture firm founded by the billionaire, Founders Fund, invests in businesses related to digital assets. Previously, it supported Paxos, the NFT platform Royal, and the decentralized autonomous organization BitDAO.<\/p>\n<p>In January 2023, it was revealed that the venture company liquidated its position in the leading cryptocurrency, earning $1.8 billion. The sales reportedly occurred as the market declined, with the majority taking place in March 2022.<\/p>\n<p>In February 2024, Reuters sources <a href=\"https:\/\/forklog.com\/en\/news\/peter-thiels-founders-fund-invests-200-million-in-bitcoin-and-ethereum-ahead-of-rally\">reported investments<\/a> by Founders Fund in the first and second cryptocurrencies. According to their data, the amount was $200 million.<\/p>\n<p>In June, the author of the bestseller &#8220;Rich Dad, Poor Dad&#8221; and entrepreneur Robert Kiyosaki predicted Bitcoin&#8217;s rise to $300,000 by August 25. According to him, digital gold is the easiest path to becoming a millionaire.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PayPal co-founder Peter Thiel confirmed on CNBC that he holds the leading cryptocurrency, though he expressed doubts about a significant price increase for the asset. &#8220;I still have some [bitcoins]. I didn&#8217;t buy as much as I should have,&#8221; he noted. However, Thiel is not sure &#8220;that it will continue to rise so sharply.&#8221; At [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14809,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1138,706],"class_list":["post-14810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-opinions","tag-peter-thiel"],"aioseo_notices":[],"amp_enabled":true,"views":"47","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/14810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=14810"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/14810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/14809"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=14810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=14810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=14810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}