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Peter Thiel Says China Could Use Bitcoin as ‘Financial Weapon' Against the U.S
6 days ago | By Mediaite
Pay Pal co-founder Peter Thiel said Wednesday that bitcoin could serve as a “financial weapon” for China if it's holding it as a long-term investment.
“Even though I'm a pro-crypto, pro-bitcoin maximalist person, I do wonder whether if at this point bitcoin should also be thought of in part as a Chinese financial weapon against the U.S.,” Thiel said as part of a roundtable event for the Richard Nixon Foundation, where he was joined by former Secretary of State Mike Pompeo.
“It threatens fiat money, but it especially threatens the U.S. dollar, and China wants to do things to weaken it, so...
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