THELOGICALINDIAN - Just aftermost anniversary Donald Trump was adopted the 45th President of the United States of America in an balloter agitated and abrupt achievement adjoin his adversary above Secretary of State Hillary Clinton Inhis aboriginal anniversary as PresidentElect Trump started basic his alteration aggregation On Friday he clearly added Peter Thiel to theteam What doesthis beggarly for the tech association and accurately Bitcoin advocates
Also read: “Trump’s Trade War With China Could Boost Chinese Bitcoin Demand”
Peter Thiel’s Unique History in Politics
To some, Silicon Valley is a hotspot for liberals. However, Peter Thiel, Co-Founder of PayPal and adventure capitalist, stands out. Thiel afresh abutting the Republican Party afterwards anecdotic as a autonomous for the majority of his developed life. He not alone identifies with Republican and autonomous causes but contributes financially as well. Thiel is additionally accepted for his aboriginal angel advance in Facebook aback in 2004 and his role in Founder’s Fund, which has investments in companies including Lyft and Airbnb.
Thiel took a beyond footfall assimilate the US political arena this summer back he addressed the Republican Party Convention in Cleveland, Ohio. You can watch his abounding accent here. Perhaps Thiel’s best noteworthy adduce addressed Donald Trump’s alien attitude on politics. Thiel stated, “I am not a politician, but neither is Donald Trump.”
Thiel Invests in Bitcoin and Blockchain Technology
In 2013, Thiel fabricated a admirable access into the Bitcoin amplitude through his aboriginal berry advance in BitPay, a all-around acquittal processor. PayPal additionally partnered with BitPay, Coinbase and GoCoin to accredit Bitcoin acquittal accepting for PayPal’s Acquittal Hub. Thiel is accepted for his fellow’s program. In 2014, Vitalik Buterin, architect of Ethereum, was called as a fellow. Thiel advisers accommodate Gary Le of Zcoin and Joey Krug of Augur who are alive on blockchain accompanying projects. Thiel’s Advisers Affairs not alone provides allotment for these projects but additionally provides opportunities for mentorship.
Thiel sees the arete of Bitcoin but additionally provides a alloyed angle on bitcoin as a apparatus for payment.
In 2015 at the Buttonwood Summit he stated:
Thiel has again bidding the charge for solid basement about bitcoin as a currency. It will be absorbing to see how he will advice appearance the aggregation who will admonish the anew adopted admiral on tech action and conceivably alike cryptocurrency.
So what do you think? Do you appearance Peter Thiel’s role on the presidential alteration aggregation as a absolute for Bitcoin and blockchain technology? Do you appearance the Trump administering as accessible to cryptocurrencies like Bitcoin? Let us apperceive your thoughts in the comments below.
Images address of Flickr, WSJ.com, Wikimedia Commons
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