Crypto investor Peter Thiel warns of Bitcoin as “Chinese financial weapon”

The famous investor with roots in Germany, who gave Mark Zuckerberg his first $ 500,000, is drawing attention again. As part of a virtual round tables He also spoke with former US Secretary of State Mike Pompeo at the Richard Nixon Foundation on the subject of Bitcoin and described the great influence of China on the mining of BTC as a possible danger to the US dollar.

“Even if I am a pro-crypto, pro-bitcoin maximalist, I ask myself whether at this point Bitcoin should not be seen partly as a Chinese financial weapon against the USA,” says Thiel, who works with the Founders Fund, Mithril Capital or Valar Ventures operates several investment vehicles for tech and startup investments. “It (Bitcoin, note) threatens fiat currencies, but most of all it threatens the US dollar. ”And China would bet heavily on Bitcoin, so the US should exercise caution from a geopolitical perspective.


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