News Snapshot:
2021-04-07 20:34:34 cointelegraph.com PayPal co-founder and venture capitalist, Peter Thiel, has warned that the Chinese central government may be supporting Bitcoin as a means to undermine the foreign and monetary policy of the United States. But, he added, it has tried to use the Euro the same way. Speaking at a virtual event hosted by conservative non-profit, the Richard Nixon Foundation, Thiel was commenting on whether China’s central bank-issued digital currency , or CBDC, could threaten the U.S. dollar’s status as a global reserve currency. While Thiel, who is known to be pro-Bitcoin, suggested an “internal stablecoin in China” will...
