In his keynote address to the Bitcoin 2022 conference in Miami, venture capitalist Peter Thiel said environmental, social, and corporate governance (ESG) is “perhaps the real enemy” of cryptocurrency, likening the movement to the Chinese Communist Party (CCP).
“I think that ESG is just a hate factory. It’s a factory for naming enemies, and we should not be allowing them to do that,” said Thiel, co-founder of PayPal and Palantir, to cheers from the audience.
