September 27, 2022

Jordan Peterson Warns Against ‘Rampant Enthusiasm’ for Bitcoin

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Philosopher and professor of psychology at the University of Toronto, Jordan Peterson, at the Bitcoin 2022 conference in Miami, called the first cryptocurrency revolutionary, but causing concern. It is reported by The Block.

As a sociologist, Peterson worries about getting money out of the control of the political system. According to him, new ideas can bring unforeseen consequences, not only positive ones.

The philosopher said that he does not criticize digital gold and is not pessimistic about it, but rather cautious.

During a speech at the same conference, PayPal co-founder Peter Thiel listed Bitcoin’s biggest enemies and called legendary investor Warren Buffett a “sociopathic grandfather.”

During the event, the founder of Galaxy Digital, Mike Novogratz, called the condition for the further growth of the first cryptocurrency. In his opinion, the asset “will take off” as soon as the Fed takes a break in tightening monetary policy.

Recall that in November 2021, Peterson said that he bought “some more bitcoin” after talking with conomist Saifedin Ammous on his podcast.

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