“Thiel said to a booing Miami crowd that Buffet is “the sociopathic grandpa from Omaha,” as quoted by CNBC.
PayPal and Palantir co-founder Peter Thiel has stated several times in the past that he regrets for not investing enough in Bitcoin.
“They don’t reproduce, they can’t mail you a check, they can’t do anything, and what you hope is that somebody else comes along and pays you more money for them later on, but then that person’s got the problem.
Meanwhile, not just Buffet but Jamie Dimon, the head of financial giant JPMorgan Chase & Co., also called out Bitcoin “a fraud.” Dimon isn’t a fan of Bitcoin, the largest cryptocurrency by market value.