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Known supporter of Bitcoin Peter Thiel joins Trump’s transitional authority

The Silicon Valley’s billionaire and known supporter of Bitcoin Peter Thiel agreed to work in the team of the elected US president.

The Vice-President Mike Pence has become the Head of the transitional authority of the elected US president. He replaced the governor of New Jersey Chris Christie, who had been the Trump’s advisor for several months. Now, Christie together with the former Mayor of New York Rudy Giuliani and retired Lieutenant General Michael Flynn will be vice-chairmen of the transition team.

The chairman of the Republican National Committee Reince Priebus, the former director of the campaign headquarters Stephen Bannon as well as Trump’s children – Ivanka, Eric and Donald Trump Jr. have joined the Trump’s interim administration.

Peter Thiel is one of the founders of PayPal payment system and a member of Facebook’s board of directors. It is worth noting that he was the only prominent businessman who gave an open support to Donald Trump during the election campaign and donated more than $1 million.

He has been a supporter of Bitcoin ideas for a long time, believing that the cryptocurrency is the only to break the Wall Street’s hegemony. Besides that, Peter Thiel became one of the investors of the Bitcoin start-up, called 21 Inc, and managed to raise $116 million.


  • November 21, 2016 6:05 PM MSK