Thiel, who expressed his appreciation of the world's most valuable crypt money at some point to compete with size and gold, used the following statement in the Economoic Club of New York:
If I had to invest, I could invest in Bitcoin for a long term and I would approach all skeptics except for a few crypt money. In the future, only one crypto money can be equivalent to gold and it must be your address.
According to Coinmarketcap data, Bitcoin, which controls 40% of the cryptographic money market, is about five times the value of Ethereum.
Peter Thiel: "If silver can not pass gold; Ethereum can not cross Bitcoin either. "
Thiel, one of PayPal's founders and one of the first big investors in Facebook, mentioned Bitcoin as a cumbersome app for payments when it was described as a real value store.
Thiele:
I'm not talking about a new payment system. Bitcoin is more like a gold bullion that stands on a cradle and does not move, and I consider it a kind of measure to prevent the world from scattering.
Peter Thiel, the second most valuable crypto currency in terms of market value, did not seem to be able to surpass Ethereum's Bitcoin, and he compared the relationship between the two to silver and gold. According to Thiel, if silver can not pass gold, Ethereum is bound to stay behind Bitcoin.
It is already wondered if Thiel's estimates will be met in the future.
