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Peter Thiel calls Bitcoin ‘a Chinese financial weapon’

Peter Thiel is “pro-crypto” and “pro-Bitcoin maximalist”, but he also thinks of cryptocurrency can undermine America. From a report: Thiel, the conservative venture capitalist and political donor, urged the U.S. government to consider tighter cryptocurrency regulations during an appearance on Tuesday. The statements appeared to represent a change of mind for Thiel, who is a major investor in virtual currency businesses as well as cryptocurrencies themselves. “I wonder if at this point Bitcoin should also be considered [of] in part as a Chinese financial weapon against the United States, “Thiel said during an appearance at a virtual event hosted for members of the Richard Nixon Foundation.” This threatens the fiat currency, but most of all it threatens the US dollar. “He added:”[If] Along China’s Bitcoin, perhaps from a geopolitical standpoint, the United States should be asking more difficult questions about exactly how it works. “

Peter Thiel calls Bitcoin ‘a Chinese financial weapon’

Source link Peter Thiel calls Bitcoin ‘a Chinese financial weapon’

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