Speaking at a virtual event for the conservative Nixon Seminar, PayPal co-founder and venture capitalist Peter Thiel opined openly on whether China is set to win a financial arms raise with the US.
The weapon? Bitcoin.
„I’m sort of a pro-crypto, pro-Bitcoin maximalist,” Thiel said. „I do wonder if at this point Bitcoin should also be thought of in part as a Chinese financial weapon against the US. It threatens fiat money but it especially threatens the US dollar.”
“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.” says @Paypal co-founder Peter Thiel.
More on cryptocurrencies from The #NixonSeminar: pic.twitter.com/sIUQTQEWgr
— Richard Nixon Foundation (@nixonfoundation) April 7, 2021
The question Thiel was ostensibly answering wasn’t about Bitcoin per se, but about China’s plan to create a digital yuan. Was this a „threat to the dollar and it
Źródło: https://decrypt.co/65845/peter-thiel-bitcoin-could-be-chinese-financial-weapon
