Over the past few years, Peter Thiel, a prominent venture capitalist with a net worth of $2.7 bln, spoke of the threat Bitcoin poses to fiat money and the financial freedom it grants to its users.
Thiel, who appeared on the Economist’s Keynote interview, stated:
"It becomes a threat to fiat money at a point where Bitcoin is encrypted in such a robust way that the tax authorities can't break the encryption, can't tell how much money you have, and what transactions you are doing."
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https://cointelegraph.com/news/trump-connected-billionaire-peter-thiel-bitcoin-threatens-fiat-tax-authorities-cant-break-codes
