Fintech

Peter Thiel leads bitcoin backers blasting ESG ‘hate factory’

The outspoken investor likened environmental, social and governance policies to the Chinese Communist Party

A major crypto conference in Miami has seen ESG come in for a beating
A major crypto conference in Miami has seen ESG come in for a beating

Peter Thiel has led a chorus of bitcoin fans slamming ESG as a "hate factory" and the enemy of crypto.

"ESG is just a hate factory," the PayPal founder and serial entrepreneur told the Bitcoin 2022 conference in Miami. "It's a factory for naming enemies... When you think ESG, you should be thinking Chinese Communist Party."

WSJ Logo
JPMorgan Is Revamping Its Bank for the Superrich to Cater to Global ClienteleExternal link

JPMorgan Is Revamping Its Bank for the Superrich to Cater to Global Clientele