I mean, these people aren't well my guy. It's not a huge stretch to imagine a bunch of repressed self-loathing around one's identity being at or near the core of it.
Thiel grew up in the 90s. Whatever one deems the tolerance situation today, it was worse then.
More like the 80s but true. Also maybe worth remembering that Thiel was outed by Gawker. He didn't come out as gay of his own volition and perhaps never would have.
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