Peter Thiel on the Chinese Digital Currency


Source: catallaxyfiles.com catallaxyfiles.com

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These comments caused some controversy during the week: Christopher Nixon Cox : … My question is regarding digital currency, we’ve seen recently in the last few days the China has proposed creating their own digital currency. And I was wondering how much of a threat is that to the dollar and its dominance of world markets? And if it is a threat, what can we do about it? Peter Thiel : Well, you know, I think there’s sort of a lot of different things that fall under digital currency, presumably one that’s electronic form that China envisions is one that...