China may be using bitcoin as ‘financial weapon’ against U.S., says Peter Thiel

China may be using bitcoin as ‘financial weapon’ against U.S., says Peter Thiel By 0

Billionaire venture capitalist Peter Thiel is worried that China is using bitcoin to undermine the U.S.

In comments Tuesday during a virtual event for the Richard Nixon Foundation, and first reported by Bloomberg News , the co-founder of PayPal and Founders Fund said bitcoin “threatens fiat money, but it especially threatens the U.S.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

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