Peter Thiel Calls Bitcoin 'Chinese Financial Weapon', Urges US To Tighten Rules On Crypto

Buzz Staff 2021-04-08 The PayPal co-founder, who himself is a major investor in virtual currency ventures as well as in cryptocurrencies, added, "It threatens fiat money, but it especially threatens the U.S. dollar. (If) China's long Bitcoin, perhaps from a geopolitical perspective, the US should be asking some tougher questions about exactly how that works". Thiel was also joined by former US Secretary of State Mike Pompeo and former National Security Advisor Robert O'Brien. At the event, their conversation was largely focused on the sour relationships between the US and China. During the talk, Thiel even expanded upon previous criticism…