I agree with the statement of Thiel "skeptical of most [cryptocurrencies]," he believes bitcoin has a promising future depending on the trajectory it takes.
The value of Bitcoin will jump, it is a paradigm of all other currencies, who most believe in it. It has only 21 million, which is very small. Gold tends to be made from Bitcoin. Whether other currencies have high power for grows such as Ethereum, Litecoin, Ripple, Monero, etc.
Bitcoin is better than money, because faster transfer, do not need the magic to save, it does a lot of savings. The only question is to provide protection against possible hacker attacks and warranties in the event that something like this occurs in the form of insurance or a new software protection solution. Exellent news @zer0hedge