Famed Investor Warns Bitcoin a Chinese 'Financial Weapon'

Famed Investor Warns Bitcoin a Chinese 'Financial Weapon' by Wall Street Rebel | James Davidson | 04/08/2021 1:57 PM Multi-billionaire venture capitalist and PayPal co-founder Peter Thiel has begun speaking out, urging the U.S. government to consider tighter regulations on cryptocurrencies. Peter Thiel speaking at a virtual roundtable for members of the Richard Nixon Foundation on April 7, expressed his concerns that the Chinese are using bitcoin to corrode the U.S. financial system... "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…