Peter Thiel, PayPal Co-founder <br>Photo by AP News Agency

Peter Thiel, PayPal Co-founder
Photo by AP News Agency

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[Asia Economy Reporter Jeong Hyunjin] Peter Thiel, co-founder of PayPal and famous as a 'Silicon Valley big shot,' fiercely criticized Warren Buffett, chairman of Berkshire Hathaway, calling him the 'Sociopath Grandpa of Omaha' and the 'biggest enemy of Bitcoin.'


According to CNBC and other outlets on the 7th (local time), Thiel attended a Bitcoin conference held in Miami, USA, and pointed to Buffett as a leading figure obstructing the cryptocurrency market. He noted that although Buffett said, "I do not own (cryptocurrency) and will not own it in the future," Berkshire Hathaway recently invested $500 million (about 550 billion KRW) in Nubank, a Brazilian internet bank known for cryptocurrency-related services.


On the same day, the 'enemies of cryptocurrency' list revealed by Thiel included Jamie Dimon, CEO of JP Morgan, and Larry Fink, CEO of BlackRock. Thiel strongly criticized them as 'the oligarchy of the financial world.'


Buffett is a prominent Bitcoin opponent. Previously, he criticized Bitcoin as 'rat poison' and has consistently expressed negative views in various media interviews, saying, "Bitcoin is not an investment but speculation. Virtual assets will end badly."





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