In Stunning Speech, Peter Thiel Blasts Buffett, Dimon, & Fink As “Finance Gerontocracy”; Sees Bitcoin Rising 100-Fold | ZeroHedge
Perhaps the real enemy is ESG,” he said to widespread to applause, explaining that ESG is just a “vast umbrella” term providing cover to various state and “gerontocracy” extensions, adding that ESG has been harnessed and weaponized against Bitcoin right now.
If you have these sort of large institutional investors, they need to be allocating some of their money to Bitcoin. When they chose not to allocate to Bitcoin, that is a deeply political choice, and we need to be pushing back against them Thiel said before explaining that the true enemy that is ESG – which we have repeatedly mocked over the years (here, here and here and here) for being the most hypocritical financial construct of the past generation – “is just a hate factory. It s a factory for naming enemies, and we should not be allowing them to do that. When you think ESG, you should be thinking Chinese Communist Party.”
ESG = CCP. I like that. BTC versus both of them. I like that too.