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Peter Thiel says China using Bitcoin to destroy US dollar reserve status

Peter Thiel says China using Bitcoin to destroy US dollar reserve status

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China using Bitcoin as ‘financial weapon’ against United States: Peter Thiel
Peter Thiel has urged the U.S. government to reappraise China’s relationship with Bitcoin from a geopolitical perspective.

China using Bitcoin as ‘financial weapon’ against United States: Peter Thiel

PayPal co-founder and venture capitalist, Peter Thiel, has warned that the Chinese central government may be supporting Bitcoin as a means to undermine the foreign and monetary policy of the United States. But, he added, it has tried to use the Euro the same way.

“You’d Have To Shut Down The Internet” To Ban Bitcoin, Says SEC’s Hester Peirce

“You’d Have To Shut Down The Internet” To Ban Bitcoin, Says SEC’s Hester Peirce

Any government efforts to ban Bitcoin would be “foolish,” said Hester Peirce (aka “Crypto Mom”), a very Bitcoin-friendly commissioner at the U.S. Securities and Exchange Commission (SEC), during a MarketWatch virtual conference earlier this week, according to Cryptoslate reporter Liam Frost.

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