This is a pretty crazy video of Thiel talking about how Bitcoin has been co-opted by Blackrock and the government (in his view) "There’s the question of the ideological founding vision of Bitcoin and these cryptocurrencies as a cypherpunk, crypto-anarchist, libertarian, anti–centralized government thing — that’s what I thought was terrific about it. The question is: does it really work that way, or has that thread gotten lost? When people in the FBI tell me they’d much rather have criminals use Bitcoin than 100-dollar bills, it suggests maybe it’s not working the way it was supposed to. Have I sold any of my Bitcoin? I still hold some. I didn’t buy as much as I should have. I’m not sure it’s going to go up that dramatically from here. We got the ETF addition, and I don’t know who else buys it quickly from here. I still have a small position; it probably still can go up some, but it’s going to be a volatile, bumpy ride. I had a dual reason: one was the ideological decentralized future of computing that I really do believe would be better, and it seemed like the perfect vehicle for that for such a long time. I am much less convinced of that now. Maybe Larry Fink with the BlackRock ETF surrendered to the ESG forces, or maybe Bitcoin’s been co‑opted by them — and I worry it’s more the latter.”