Peter Thiel, the billionaire entrepreneur and venture capitalist, discusses how he established Paypal with fellow co-founders Max Levchin, David Sacks, and Luke Nosek in a talk released on March 12, 2022. Toward the end of the hour-long discussion, the topic rapidly shifted to cryptocurrencies, with Thiel emphasizing that his 'worst error' over the last 10 years 'was getting too late and too little into bitcoin.'