Peter Thiel is betting on bitcoin because one cryptocurrency will become the 'online equivalent to …

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"I would be long bitcoin, and neutral to skeptical of just about everything else at this point with a few possible exceptions," Thiel says. However, the early Facebook investor and Paypal co-founder scored a 50 to 80 percent chance that bitcoin ends up being worthless, and gave a 20 to 50 percent chance …

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