News Snapshot:
Peter Thiel. Gettty/Neilson Barnard Billionaire Peter Thiel said bitcoin could be considered a "Chinese financial weapon." The digital asset threatens the US dollar , which plays into the hands of China , he said. Thiel called China's central bank digital currency a "totalitarian measuring device." Peter Thiel, one of Silicon Valley's most prominent venture capitalists, suggested bitcoin could pose a threat to the US during a virtual seminar held by the Richard Nixon Foundation this week. "Even though I'm a pro-crypto, pro-bitcoin maximalist person, I do wonder whether at this point bitcoin should also be thought of in part as...
