Business Maverick: Thiel Blasts Dimon, Buffett and Fink as ‘Finance Gerontocracy’ at Bitcoin 2022
In his keynote speech at the Bitcoin 2022 conference in Miami Thursday, Thiel blamed the finance titans for the digital currency’s failure to reach $100,000, a benchmark popular among the asset’s die-hard supporters.
“What is it going to take for this to happen?” he asked, before pinning blame on Buffett, 91, whom he called a “sociopathic grandpa,” as well as Dimon, the 66-year-old chief executive officer of JPMorgan Chase & Co., and Fink, 69, who runs BlackRock Inc. All three have said they’re skeptical of Bitcoin or digital currencies in general.
A spokesman for BlackRock said the company declined to comment on Thiel’s remarks. But he pointed to Fink’s letter to shareholders last month in which the CEO said a thoughtfully designed digital-payme
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