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He's pro crypto/bitcoin, but he also called it a Chinese weapon undermining America: “I do wonder whether at this point, Bitcoin should also be thought [of] in
by coralreef 5y ago
He's pro crypto/bitcoin, but he also called it a Chinese weapon undermining America:
“I do wonder whether at this point, Bitcoin should also be thought [of] in part as a Chinese financial weapon against the U.S.,” Thiel said during an appearance at a virtual event held for members of the Richard Nixon Foundation. “It threatens fiat money, but it especially threatens the U.S. dollar.” He added: “[If] China’s long Bitcoin, perhaps from a geopolitical perspective, the U.S. should be asking some tougher questions about exactly how that works.”
https://www.bloomberg.com/news/articles/2021-04-07/peter-thiel-calls-bitcoin-a-chinese-financial-weapon-at-virtual-roundtable https://www.bloomberg.com/news/articles/2021-04-07/peter-thi...
- jcpham2 5y agobecause China just "ganked" at least four years of BTC block rewards, AFTER developing the billion dollar BTC mining "pick and shovel" industry, now mostly being sold to who? By most estimations China is sitting on / "HODLing" a fortune in BTC. Weaponized global finance. The petrodollar war rages on in crypto land