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'Pro-Crypto' Peter Thiel Warns Bitcoin "Could Be A Chinese Financial Weapon Against The US" by Tyler Durden Wednesday, Apr 07, 2021 - 06:20 PM In early 2018 , controversial conservative billionaire and PayPal cofounder Peter Thiel said "Crypto is libertarian, AI is communist." He was specifically talking about decentralization and centralization . Cryptocurrencies are typically open-source, meaning that anyone with technical ability can contribute. On top of that, anyone disgruntled with a given cryptocurrency's trajectory can "fork" it, creating a new coin (as we have seen in both bitcoin and ethereum). Cryptocurrencies are also famously designed to be extralegal -...
