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PayPal’s Peter Thiel warns Bitcoin as a potential ‘Chinese financial weapon’ against the US Sandeep Soni © Provided by The Financial Express Thiel suggested that the US should ban China’s ByteDance-owned TikTok akin to India. (Image: Reuters/Jonathan Ernst) PayPal co-founder and one of Silicon Valley s prominent venture capital investors Peter Thiel has warned that Bitcoin might serve as a Chinese financial weapon that could pose a threat to the United States. During a virtual seminar held by the US-based non-profit organization Richard Nixon Foundation, Thiel said Even though I’m a pro-crypto, pro-Bitcoin maximalist person, I do wonder whether if at this point Bitcoin should also be thought of in part as a Chinese financial weapon against the U.S where it threatens fiat money, but it especially threatens the US dollar and China wants to do things to weaken it.

United statesJonathan ernstPeter thielRichard nixon foundationBytedance owned tiktokFinancial express thielSilicon valleyNixon foundationPalantir technologiesஒன்றுபட்டது மாநிலங்களில்ஜொனாதன் எர்னிஸ்டபீட்டர் திீஏல்ரிச்சர்ட் நிக்சன் அடித்தளம்சிலிக்கான் பள்ளத்தாக்குநிக்சன் அடித்தளம்