Peter Thiel Quotes

I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.

If bitcoin is going to replace gold, the question is, why is it so undervalued? Bitcoin is always the most honest market in the world, the most efficient market and it was the canary in the coal mine.

I am still hopeful that bitcoin goes up by a factor of 100x.

Bitcoin is the canary in the coal mine, it was telling us that inflation is coming; it is telling us that central banks are bankrupt; it is telling us that we are at the end of the fiat money regime.

Bitcoin is not a company. It does not have a board. We do not know who Satoshi is.

Most people are average. Founders are not. Founders’ traits seem to have an inverse normal distribution to them.

Our economy is broken. I’m not a politician, but neither is Donald Trump. He is a builder, and it’s time to rebuild America.

Distribution may not matter in fictional worlds, but it matters in most. The Field of Dreams conceit is especially popular in Silicon Valley, where engineers are biased toward building cool stuff rather than selling it. But customers will not come just because you build it. You have to make this happen, and it’s harder than it looks.

Now it’s either about technology that doesn’t work or about technology that’s used in bad ways. The anthology of the top twenty-five sci-fi stories in 1970 was, like, ‘Me and my friend the robot went for a walk on the moon,’ and in 2008 it was, like, ‘The galaxy is run by a fundamentalist Islamic confederacy, and there are people who are hunting planets and killing them for fun.’

Forget startup companies. The next frontier is startup countries.

In the developed world, technological progress means that you can have a situation where there’s growth, where there’s a way in which everybody can be better off over time.

Never invest in a tech CEO that wears a suit.