Bitcoin investor Peter Thiel attended the same costume event last week where Donald Trump made headlines. The theme of the event – heroes and villains – prompted Mr. Trump to fittingly dress as himself.
The party, which took place on the North Shore of Long Island, featured the president-elect, Mr. Thiel and many other members of the new conservative elite.
Host, Trump donor and billionaire hedge funder Robert Mercer’s annual costume party made headlines as effectively a part of Trump’s post election tour.
The president-elect’s campaign manager Kellyanne Conway was decked out as Dolly Parton and Superwoman while former leader of U.K’s pro-Brexit Independence Party Nigel Farage came as the naval hero Admiral Lord Nelson. (Rumor has it: Farage and Trump have become closer since the US election.)
Thiel, a Libertarian and Trump transition team member who speaks about and has invested in Bitcoin companies, Thiel dressed as Hulk Hogan, reports Vanity Fair. Funny story.
Thiel and Hogan partnered to bring down Gawker Media over an invasion-of-privacy lawsuit after the outlet outed Thiel as gay. It later released a porn video of Hogan over which the pair sued, with Thiel clandestinely funding the lawsuit, which bankrupted Gawker Media.
“If you’re a single-digit millionaire like Hulk Hogan you have no effective access to our legal system,” Mr. Thiel once said, defending the Hulk Hogan suit. No photos have surfaced of Mr. Thiel is his costume.
Mr Thiel surprised a liberal Silicon Valley by becoming a California delegate for Donald Trump. He delivered a speech on the Republican nominee’s behalf at the G.O.P convention and also donated $1.25 million to Trump’s presidential campaign.
He has been quoted as a staunch supporter of decentralized technologies like Bitcoin.
According to anonymous sources, Thiel, who leads a fund that invested in BitPay, might still take a position in Mr. Trump’s cabinet.
“Thiel’s disruptive nature may come in handy at helping Trump navigate tech issues, but the question is whether he will have all of tech’s interests, the Bay Area’s interests, at heart when giving his advice,” said an anonymous Democratic tech industry lobbyist. On Bitcoin, Thiel has said:
“PayPal had these goals of creating a new currency. We failed at that, and we just created a new payment system. I think Bitcoin has succeeded on the level of a new currency, but the payment system is somewhat lacking. It’s very hard to use, and that’s the big challenge on the Bitcoin side.”