According to reports, tech billionaire Peter Thiel — the co-founder of Paypal and Palantir — spoke about bitcoin at an event hosted in Miami. At the time, bitcoin had just surpassed its all-time price high and Thiel said “you’re supposed to just buy bitcoin” and added, “I feel like I’ve been underinvested in it.”

Peter Thiel Postulates Meeting Satoshi Nakamoto on a Beach in Anguilla

The tech investor Peter Thiel is a fan of bitcoin (BTC) and has explained this on a few occasions in the past. In mid-May, Palantir Technologies, the American big data software firm, revealed that the company would accept bitcoin for services and was also considering keeping the crypto asset on its balance sheet.

Bloomberg reported that the billionaire venture capitalist said bitcoin is an “already known” secret, speaking at a conference in Miami. In addition to this statement, Thiel reportedly said that he felt “underinvested” in bitcoin.

Furthermore, Thiel also discussed an early encounter with the founders of E-Gold…

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