As someone who received the Thiel Fellowship funding, are you now acting like the Pope?
Isn't blockchain something that everyone can participate in building? Do we still have to consider whether someone is crypto native based on their birth?
Factional Struggles
The English-speaking community has been debating for a day now, triggered by Ethereum founder Vitalik's assertion that PayPal and Founders Fund co-founder Peter Thiel, despite his significant entry into the crypto industry and the praise he has received from crypto investors, is not a crypto punk (a true supporter of crypto).
The reason for this is that the faction led by Vitalik advocates for privacy, freedom, decentralization, and resistance to censorship.
In contrast, Peter Thiel emphasizes collaboration with centralized organizations and institutions. His PayPal and Founders Fund are currently making substantial investments in crypto projects, such as Polymarket, Ethena, and Ondo, and recently led the investment in PayPal's stablecoin chain Kite AI.
However, he remains a supporter of centralization, aiming to capture the market and make profits, rather than genuinely supporting the decentralized development of the crypto industry.
Although Vitalik published this viewpoint 10 hours ago, the entire VC and media circles have exploded, and discussions are still ongoing...
The most awkward position might be for the prediction market Polymarket, as it has received support from both Vitalik and Peter Thiel.
3.08K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.