Peter Thiel, Co-founder of PayPal

Biography

American entrepreneur and venture capitalist. He is a co-founder of PayPal, Palantir Technologies and Founders Fund. He was ranked No. 4 on the Forbes Midas List of 2014, with a net worth of $2.2 billion, and No. 328 on the Forbes 400 in 2018, with a net worth of $2.5 billion. He is also the President of Clarium Capital, Chairman of Palantir, Board Member of Facebook, and Chair of Mithril Capital. Graduated from Stanford with a BA and JD. 

Twitter: @peterthiel

 

Peter Thiel Bitcoin Quotes

  • “I do think Bitcoin is the first [Encrypted money] that has something like change the world” [source]
  • “We’ve had sort of this revolutionary original vision of paypal. I gave a talk back in November of ‘99 on strong crypto smartphones, and the end of monetary sovereignty, and how encrypted money was going to change the world. I do think bitcoin is the first one of these that has the potential to do something like that. [source]
  • ”Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. But I am not familiar with the specific product to assert whether it is the best potential setup. And we need a long time to establish confidence” [source] 

 

Involvement with Bitcoin

  • Lead Investor to Layer One – A Bitcoin mining company [source]
  • Bought $15-20 million worth of Bitcoin through his venture capital firm, Founders Fund [source]

 

Media Sources

  • Coindesk, 2017: Peter Thiel: Bitcoin Is Like A ‘Reserve Form Of Money’ [source]
  • Coindesk, 2018: Peter Thiel: Bitcoin Will Be the ‘One Online Equivalent to Gold’ [Source]
  • Peter Thiel’s presentation at the 2017 Future Investment Initiative: “Investment Philosophy, Bitcoin and A.I” [source]
  • Interview on Fox News, 2017 [source]

Related Bitcoin Quotes