Apocalypse prep or pure pragmatism: what is behind Peter Thiel’s move to Argentina?

Hundreds of demonstrators gathered outside Peter Thiel’s new $12 million mansion in Buenos Aires, chanting “Peter Thief” and “No to the Peter Thiel law” as they protested the billionaire’s relocation to Argentina. The protests erupted after a congressional session raised concerns about a proposed bill that critics claim would cement the influence of U.S. tech magnates in the country. Thiel, who moved his family to Argentina in April, has faced scrutiny over how his presence could affect local politics and regulatory frameworks. The rally underscores growing tensions between foreign investors and Argentine lawmakers over the role of tech billionaires in shaping national policy.

Relocation coincides with proposed laws that opponents say would entrench power of US tech billionaires in countryDozens of protesters converged on Peter Thiel’s mansion in Buenos Aires this week after a congressional session raised questions about the billionaire’s presence in the country.In white masks, they held signs saying “Peter Thief” and “No to the Peter Thiel law” in front of the wrought-iron gates of the $12m (£8.9m) residence, which Thiel bought in April as he moved his family to Argentina. Continue reading...