News Snapshot:
Peter Thiel pictured in at the National Press Club on 31 October, 2016 in Washington, DC (Getty Images) PayPal founder and Donald Trump loyalist Peter Thiel has claimed that China is using bitcoin as a “financial weapon” to undermine the US dollar. Speaking at a virtual panel event for the Richard Nixon Foundation this week, the billionaire said bitcoin posed a threat to traditional fiat currency and that it “especially threatens the US dollar”. Mr Thiel also said he is a “bitcoin maximalist”, meaning he believes the cryptocurrency is superior to all other alternative digital currencies like ethereum (ether) or...
