Peter Thiel: Bitcoin Could Be 'Chinese Financial Weapon'


Source: decrypt.co decrypt.co

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Peter Thiel co-founded PayPal and Palantir, and was a prominent Trump backer. He calls himself a "pro-Bitcoin maximalist." He thinks China's strategic approach to Bitcoin, and its own digital yuan, should concern America. PayPal co-founder and venture capitalist Peter Thiel, speaking at a virtual event for the conservative Nixon Seminar on Wednesday, opined on whether China is poised to win a financial arms raise with the United States. The weapon Thiel says China is using? Bitcoin . "Even though I'm sort of a pro-crypto, pro-Bitcoin maximalist," Thiel said. "I do wonder if at this point Bitcoin should also be thought...