Billionaire Thiel Says Bitcoin Could Be Chinese “Weapon”

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co-founder and billionaire investor Peter Thiel warned that bitcoin
could be a “Chinese financial weapon” used to dethrone the USDs monetary
status.To get more news about [url=https://www.wikifx.com/za_en/]WikiFX[/url], you can visit wikifx.com official website.

　　Speaking
alongside former Secretary of State Mike Pompeo at a virtual roundtable
hosted by the Richard Nixon Foundation Wednesday, Thiel opined that,
assuming China is long bitcoin, the cryptocurrency could pose a threat
to the U.S. dollar‘s reserve currency status. The comments come at a
time when fears over China’s assumed control over bitcoin are
resurfacing.

　　“Even though Im 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…. it threatens fiat money, but it especially threatens the dollar,”
Thiel said during the stream.

　　More than being “pro-bitcoin” and
owning the asset himself, Peter Thiels foundation was key to the
creation of Ethereum when Vitalik Buterin drew a $100,000 grant to begin
working on the blockchain.　　WikiFX, an encyclopedia in the Finance
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