The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Peter Thiel, the godfather of Silicon Valley venture capital, Facebook investor and co-founder of PayPal, recently shared his views on Bitcoin at the Economic Club of New York, explaining why he is increasingly confident in Bitcoin.

He said:

Bitcoin has a good chance of becoming a safe haven for investors, similar to gold in the digital age. Some people doubt whether Bitcoin has the function of storing value, but I think it will replace gold.

Peter Thiel also pointed out that it is too troublesome to pay Bitcoin in daily life. Instead, he sees the world's first cryptocurrency as a "hedge" and believes that it will not bring systemic risks of traditional financial instruments. He explained:

I'm not talking about a new payment method. It's too troublesome to pay Bitcoin in daily life. For example, it's like a gold bar that never moves in the vault, like a hedge against the collapse of the global market.

He added that Bitcoin also has the same advantages that gold attracts investors. In addition, many people's negative comments about Bitcoin also apply to gold: "This strange currency is not backed by any government, and the same is true for gold."

Peter Thiel is also skeptical of the current mainstream media's hype of "blockchain instead of Bitcoin". He said: "I am bullish on Bitcoin. With some exceptions, I am skeptical or neutral about anything else."

But he also admitted that Bitcoin has similarities with the Internet bubble in the late 1990s, and explained that the cryptocurrency field is just "violently going against the trend." Because unlike the Internet era, there are no Wall Street analysts and banks to promote and publicize this technology.

When asked why he supports Bitcoin instead of other cryptocurrencies, Peter Thiel emphasized that he believes that only one cryptocurrency will be "equivalent to gold" and that other currencies may catch up.

When asked if he would buy more Bitcoin if the price continues to fall, the PayPal co-founder explained that he is a long-term investor, not a short-term investor: "There is a 50% to 80% chance that Bitcoin will eventually become worthless; there is also a 20% to 50% chance that its value will rise sharply. Probability weighted, this is good."