Billionaire Investor Peter Thiel Is Doubling Down On Bitcoin—Here’s Why

Billionaire Investor Peter Thiel Is Doubling Down On Bitcoin-Here’s Why

Bitcoin and cryptocurrency investors have been struggling this year to both justify past crypto investments and make new ones. The bitcoin price, under pressure from the likes of Facebook’s libra project and the ever-present threat of a regulatory crackdown, soared in the first six months of the year only to fall back again.