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Peter Thiel: High Bitcoin Prices Are Proof of US Inflation
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The PayPal co-founder and venture capitalist billionaire Peter Thiel has claimed that rising bitcoin (BTC) prices are proof that inflation has taken hold in the United States economy.
Thiel, who per Bloomberg was speaking at the weekend “at a conservative conference” that high BTC prices “indicate the economy is facing real inflation.”
The investor added that he “regretted not buying more” bitcoin earlier, and stated:
“You know, bitcoin [at] USD 60,000 – I’m not sure that one should aggressively
Read more on cryptonews.comAbout this in other media
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