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Bitcoin could be China's financial weapons against US: Peter Thiel

Shortpedia

Content Team
Image Credit: Shortpedia

Venture capitalist Peter Thiel, one of the strongest pro-Bitcoin voices in the United States, has warned that Bitcoin could be China's financial weapon against the United States. “It threatens fiat money, but it especially threatens the US dollar,' Thiel said at a virtual event held for members of the Richard Nixon Foundation. He called on the Joe Biden government to implement tighter regulations on cryptocurrencies.