PayPal CEO Says Bitcoin Could Be a Chinese Financial Weapon Against the U.S.


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PayPal CEO Says Bitcoin Could Be a Chinese Financial Weapon Against the U.S. April 8, 2021 PayPal CEO Peter Thiel loves Bitcoin but hates it when China mines or uses it. In a virtual event organized by the Richard Nixon Foundation, Peter Thiel explained that Bitcoin could be used by China as a weapon in the non-conventional war against the United States, taking advantage of its characteristics to counteract the hegemonic power of the dollar. “Even though I’m sort of a pro-crypto, pro-Bitcoin maximalist person, I do wonder whether at this point Bitcoin should also be thought in part of...