Billionaire Peter Thiel Voices Skepticism On Bitcoin's Future Growth: 'I'm Not Sure It's Going To Go Up That Dramatically'

Benzinga 2024-07-01

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Tech billionaire Peter Thiel has voiced doubts about Bitcoin’s capacity for significant price growth while also expressing regret for not purchasing more of the cryptocurrency. Thiel, who co-founded payments giant PayPal and the Founders Fund, expressed skepticism about King Crypto’s price potential during a recent CNBC interview, saying, “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.”

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