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


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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 U.S.” ” — Peter Thiel Thiel said China would like to see two global reserve currencies, rather than the dollar being the default reserve currency. But China doesn’t want its renminbi to fill that role, and in the past has used the euro “in part” as a weapon against the dollar....