‘Cryptos are like bars of gold in a vault’

‘Cryptos are like bars of gold in a vault’

Peter Thiel, the venture capitalist, has said, Cryptos are ‘like bars of gold in a vault that never move.’ In an interview with CNBC, he said that there is a 50 to 80% probability for bitcoin losing value in future and 20 to 50% chance for raise in value. Founders Fund, co-founded by Thiel has invested nearly $15 million to $20 million in bitcoins.

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