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๐ŸŽ“ Paypal founder regrets not investing in Bitcoin

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In a meeting with famed entrepreneur, billionaire, and venture capitalist Peter Thiel on March 12, 2022, Peter discussed how he created Paypal with his co-founders Max Levschen, David Sachs, and Luke Nozick. The biggest mistake he has made in the last 10 years is that he has been “too late and too little with Bitcoin”.

The meeting discussed extensively the new book called โ€œThe Foundersโ€ by Jimmy Sonny during a group discussion with the founders of PayPal, where the book discussed the history of PayPal and the entrepreneurs who formed it and tells the story of the origins. from PayPal.
The interview aired on March 12 and featured Paypal founders Peter Thiel, Max Levchin, David Sacks and Luke Nosek.

While most of the conversation was on the subject of PayPal assets, the discussion turned to cryptocurrencies as the host successfully pressed for another question, saying “it wouldn’t be a tech conversation without a little bit of data.” futures”, noting how Peter Thiel “wrote and talked about it a lot”. When asked what the group thinks about Pay Now and cryptocurrency systems, Thiel replied: “The biggest mistake I’ve made in the last decade has been delaying and dealing too little with Bitcoin.”

While Peter was very interested in bitcoin, he “sort of missed bitcoin,” as Peter Thiel also explained: “You know we invested in 2014 in the Founders Fund and did a reasonably good job of it, but bitcoin was on the radar in 2010-2011 and we’ve seen all these nuts in the crypto space and at the time PayPal was one of the things that really interested and motivated me, but none of the exhibitors worked.โ€ See it as often as you should.

Statements by one of PayPal’s founders last week are similar to statements he made last October when he spoke at a cryptocurrency event in Miami last year where Thiel told participants he felt he “doesn’t invest in bitcoin” and also spoke. more on the benefits of bitcoin in Miami Bitcoin was “the canary in the coal mine and is the most honest market we have in the country.”

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