VeChain Up 60% Since Bottom Call And Peter Thiel Knows Who Satoshi Is

Jason Sudeikis, the star of Apple TV’s breakout hit Ted Lasso, was invited to present SNL this weekend. One of the funnier segments he did was about a possible male tv daytime show in order to compete with programs like The View and Ellen.

The narrator explained how ABC had thought about it for 10 seconds and then came up with Mellen, the male Ellen. The show’s presenter would be punching and nut-tapping visitors and was a ‘poster on 4-Chan’ before he took the job. One of the segments was entitled: Which crypto is popping right now?

I certainly thought it was funny and if that show were indeed looking for a crypto popping right now, I would have to show them to VeChain, now trading around 14 cents. Ever since the bottom call (which we reported around 6 October) from both CryptoMich and Scott Melker came out at around 9 cents a month ago, that means it has gone up some 60%. Not bad. Already we wonder where it will end up.

An Ugly Truth

In a new book on the past decade of Facebook called An Ugly Truth, it is described how early investor Peter Thiel was intellectually far superior to Zuckerberg, but how the PayPal founder decided to let Zuckerberg keep the reins of Facebook because he wanted to see how it would develop. It is by now clear to most that Thiel is an enigma by himself. The book by the ways is a true page turner and I would recommend it to anyone interested in tech and Silicon Valley intrigue.

Thiel, clearly wanting to divert attention away from his obvious links from under-fire Facebook as of late, has become more and more outspoken on Bitcoin in the past few weeks and months. A quote of his which claimed that any Bitcoin investment in 2021 is as logic as a FAANG investment in 2014 or 2015 has become a mantra on CNBC. Last week, Thiel took it one step further and claimed that he knows who Satoshi Nakamoto, the mysterious Bitcoin creator, actually is.

E-Gold

His theory is based on a discussion with the founders of E-Gold, a private digital currency which was created back in 1996 but is now outdated due to a US Justice Department indictment in April 2007.

Last week, Thiel told a conference audience in Miami how the pair met on a beach in the Caribbean island of Anguilla in February 2000.

“#Bitcoin was the answer to E-Gold, and Satoshi learned that you had to be anonymous," Peter Thiel said. https://t.co/mBX4NLQ6g2 #webmd

— Nishant Nayyar (@thatnayyar) October 23, 2021

That’s when they talked about integrating PayPal with E-Gold in order to blow up all the central banks.

Thiel said:

My sort of theory on Satoshi’s identity was that Satoshi was on that beach in Anguilla.

The search for the E-gold story and who its founders where has since spiked on Google.