PayPal and Cryptocurrency these two are terms that have crossed paths recently for a number of times and every time there has been some headline news. So it is really surprising to me that after pulling out of LIBRA PayPal Co-founder invested in Renewable Energy which is specifically focused on Bitcoin Mining.
The company Peter Thiel invested in is called Layer 1 and is currently trying to bring Mining Market to the US as we all know that China is the Bitcoin Mining Capital in the World. Now I am not sure why Peter Thiel would move so fast especially after the LIBRA deal but it would be safe to say that something interesting is cooking behind the scenes and since we are outside the scenes we will have tow ait and see what it brings to us.