Peter Thiel Says China Could Use Bitcoin as ‘Financial Weapon’ Against the U.S.

Pay Pal co-founder Peter Thiel said Wednesday that bitcoin could serve as a “financial weapon” for China if it’s holding it as a long-term investment.

“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.,” Thiel said as part of a roundtable event for the Richard Nixon Foundation, where he was joined by former
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