China may be using bitcoin as ‘financial weapon’ against U.S., says Peter Thiel


Source: otcpm24.com otcpm24.com

Key Topics in this News Article:

News Snapshot:

China may be using bitcoin as ‘financial weapon’ against U.S., says Peter Thiel By 0 Billionaire venture capitalist Peter Thiel is worried that China is using bitcoin to undermine the U.S. In comments Tuesday during a virtual event for the Richard Nixon Foundation, and first reported by Bloomberg News , the co-founder of PayPal and Founders Fund said bitcoin “threatens fiat money, but it especially threatens the U.S. dollar.” “ “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 a Chinese financial weapon against the...