He opposes centralized banking, and wants to replace it with cryptocurrency. Hence why he’s opening the first U.S. crypto bank.
However, as always, if he succeeds it seems the most likely outcome is the U.S. economy is just centralized through the first bank of Peter Thiel.
It’s his typical B.S. hidden under the guise of libertarian beliefs. It’s not ok for the government to do it, but it’s somehow ok bc it’s his corporation not the government.
It’s “libertarian” despite there being no chance of competition bc he also completely controls the market and the government. I guess if you also had his wealth and connections, you could easily just ask your friend the president to get your cryptobank approved too.
So, Thiel gets to control everything and everyone, and in return we get no public accountability or protection. Sweet.
It’s also how oligarchs have managed to convince people that supporting their policy = supporting libertarian policy.
Step 1: The government is inefficient. It should be run like a business.
Step 2: The government should be of the people, by the people, for the people. SCOTUS has the brilliant realization in 2010 that corporations are people too.
Step 3: Government interference into people’s lives should be limited = any government regulations on businesses impede freedom and progress.
Step 4: Government of the corporations, by the corporations, for the corporations. Corporations control the market, manipulate laws to eliminate competition, and collect our tax money but cannot be regulated or held accountable by the people.
Step 5: Peter Thiel warns the Antichrist will actually look like big government regulations on the economy, surveillance, and AI tech. If we allow these regulations, an authoritarian government is inevitable. Coincidentally, Thiel just happens to dominate the “free” market, and has used the government ties he purchased to establish his businesses, secure government contracts, and eliminate competition.
However, an authoritarian nightmare dystopia with inescapable big brother surveillance can’t be authoritarian because he’s a private business owner who hates “big government.” He just happens to have big government contracts.
He opposes centralized banking, and wants to replace it with cryptocurrency. Hence why he’s opening the first U.S. crypto bank.
However, as always, if he succeeds it seems the most likely outcome is the U.S. economy is just centralized through the first bank of Peter Thiel.
It’s his typical B.S. hidden under the guise of libertarian beliefs. It’s not ok for the government to do it, but it’s somehow ok bc it’s his corporation not the government.
It’s “libertarian” despite there being no chance of competition bc he also completely controls the market and the government. I guess if you also had his wealth and connections, you could easily just ask your friend the president to get your cryptobank approved too.
So, Thiel gets to control everything and everyone, and in return we get no public accountability or protection. Sweet.
That’s the typical mindset of a super-capitalist. They are batshit insane, thinking money has more rights than people.
It’s also how oligarchs have managed to convince people that supporting their policy = supporting libertarian policy.
Step 1: The government is inefficient. It should be run like a business.
Step 2: The government should be of the people, by the people, for the people. SCOTUS has the brilliant realization in 2010 that corporations are people too.
Step 3: Government interference into people’s lives should be limited = any government regulations on businesses impede freedom and progress.
Step 4: Government of the corporations, by the corporations, for the corporations. Corporations control the market, manipulate laws to eliminate competition, and collect our tax money but cannot be regulated or held accountable by the people.
Step 5: Peter Thiel warns the Antichrist will actually look like big government regulations on the economy, surveillance, and AI tech. If we allow these regulations, an authoritarian government is inevitable. Coincidentally, Thiel just happens to dominate the “free” market, and has used the government ties he purchased to establish his businesses, secure government contracts, and eliminate competition.
However, an authoritarian nightmare dystopia with inescapable big brother surveillance can’t be authoritarian because he’s a private business owner who hates “big government.” He just happens to have big government contracts.