Bitcoin May Be A “Chinese Weapon” Says Paypal’s Peter Thiel

Noted conservative Peter Thiel through some cold water on bitcoin Wednesday. The founder of PayPal questioned whether the upside in bitcoin might be related to China saying, “Even though I’m a pro-crypto, pro-bitcoin maximalist person, I do wonder whether at this point bitcoin should be thought in part a Chinese weapon against the U.S.” He made his comments at the Nixon seminar.

His comments come just as China makes its foray into the digital currency space, through its introduction of the digital yuan.

Bitcoin is currently trading near $56,000.

- Advertisement -
Trish Regan
Trish Reganhttps://trishintel.com
Trish Regan is an award winning financial journalist, an American television talk show host and author who interprets political events through an economic lens.

Related Articles

Stay Connected

137,091FansLike
685,053FollowersFollow
25,543SubscribersSubscribe

Latest Articles

- Advertisement -
Get The Full Story From Me

You should consider reading my 100% FREE magazine - "American Consequences."