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Bitcoin is a ‘Chinese financial weapon’ that threatens the dollar, says tech billionaire Peter Thiel – Telegraph.co.uk

The Silicon Valley mega-investor suggested Bitcoin should be treated as a ‘Chinese financial weapon’ and subject to stricter US scrutiny

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Paypal co-founder Peter Thiel has suggested that Bitcoin should be treated as a “Chinese financial weapon”, describing the cryptocurrency is a threat to US global power.
The Silicon Valley mega-investor said the US should ask “tougher questions” about the rise of Bitcoin, which he warned could undermine the US dollar’s status as the world’s reserve currency.
The remarks, made during a panel discussion at the Richard Nixon Foundation with Donald Trump’s former secretary of state, Mike Pompeo, cut…

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