Peter Thiel also believes that Bitcoin’s original vision as a cypherpunk, crypto-anarchist, freedom tool hasn’t been fulfilled.
Former PayPal CEO Peter Thiel has raised doubts that Bitcoin’s (BTC) future price can increase “dramatically” from current price levels.
The billionaire — who still owns “some” Bitcoin but not as much as he “should have” — isn’t sure where the next batch of buyers will come from now that Bitcoin has had its “ETF edition.”
“I’m not sure it’s going to go up that dramatically from here. We got the ETF edition and I don’t know who else buys it,” Thiel, a founder at the Founders Fund told CNBC on June 28.