Although Peter Thiel may be controversial for his outspoken political views that often clash with those of Silicon Valley type, his acumen for investing and picking winning startup ideas is rarely in doubt. Long before the cryptocurrency phenomenon spread like wildfire, Thiel was already famous for his investment picks. Thus, the PayPal co-founder’s recent move to support Block.one, the developer behind EOS which raised a record $4 billion during its offering, should come as no surprise to industry enthusiasts.