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PayPal Co-Founder, Bitcoin Investor Thiel Says Bitcoin Could Be Chinese ‘Weapon’

PayPal Co-Founder, Bitcoin Investor Thiel Says Bitcoin Could Be Chinese ‘Weapon’

PayPal co-founder and billionaire investor Peter Thiel warned that bitcoin could be a “Chinese financial weapon” used to dethrone the U.S. dollar’s monetary status. Speaking with former U.S. 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.








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