Bitcoin akin to ‘Chinese financial weapon’ says Peter Thiel


Source: ukinvestormagazine.co.uk ukinvestormagazine.co.uk

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WhatsApp Thiel suggests China wants two reserve currencies Co-founder of PayPal and venture capitalist Peter Thiel has expressed concerns that China could leverage bitcoin to weaken America’s position on the world stage. Thiel made the comments at a virtual round-table event hosted by the Richard Nixon Foundation earlier this week. “Even though I'm a pro-crypto, pro-Bitcoin maximalist person, I do wonder whether if at this point Bitcoin should also be thought of in part as a Chinese financial weapon against the U.S.” says @Paypal co-founder Peter Thiel.More on cryptocurrencies from The #NixonSeminar : pic.twitter.com/sIUQTQEWgr — Richard Nixon Foundation (@nixonfoundation) April...