While many politicians and heads of corporations continue to lambast cryptocurrencies, PayPal co-founder and venture capitalist Peter Thiel has backed Bitcoin yet again, calling the virtual currency the future of finance. Thiel has been a vocal proponent of Bitcoin for some time now, and has been advocating the use of cryptocurrencies and blockchain since 2017. In a recent interview, he compared bitcoin to gold bars placed inside a “vault that never moves”. He elaborated by saying that he saw crypto assets as being “value containers” rather than currencies which would be used to facilitate everyday transactions. While speaking at anPowered by WPeMatico
