Peter Thiel warns that #Bitcoin threatens the U.S. dollar.
“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.” says @Paypal co-founder Peter Thiel.
More on cryptocurrencies from The #NixonSeminar:
'Pro-Crypto' Peter Thiel Warns Bitcoin "Could Be A Chinese Financial Weapon Against The US" https://t.co/3FOJRf1jNO
This is absurd. Peter Thiel does not hate Bitcoin.
True, I’ve never found a shrine to BTC in his home. He has never written a song or prayer to Bitcoin. And I have never seen him lovingly polishing a physical Bitcoin. But for gosh sakes, enough with the insane misrepresentation. https://t.co/K8l513DQJV
Thiel is pointing out to the nation's elite that, far from being tulips or a speculative mania, Bitcoin has geopolitical and civilizational significance and will be pivotal in the rise and fall of fortunes and empires
Thiel setting the standard for insight, patriotism and courage among Big Tech and Social Media leaders. #Dobbs https://t.co/YDjfx7EUKO
I would say this is my most recent. Palantir was explicitly founded to make a privatized version of the DARPA program Total Information Awareness after 9/11 by neocons, Thiel and the CIA.
So Thiel is saying he's pro-Bitcoin and Bitcoin is also a Chinese financial weapon to undermine American global hegemony, which means Thiel is pro-China & anti-American? Have I got that right? https://t.co/oTaXHCVYGZ
Put another way, obviously Thiel does not consider the **Euro** to actually be a Chinese plot against America.
But China may favor the Euro as part of a more multipolar world. In theory they’d favor Bitcoin too (though not in practice!).
A humorous remark turned into clickbait.
Peter Thiel, co-founder of PayPal, the man who bought Zuckerberg a car before he got rich, an initial investor of Ripple (OpenCoin) in 2013, called himself a, "pro-Bitcoin maximalist person" then went on to call BTC a Chinese financial weapon.
Something not adding up here...yet.
“It threatens fiat money, but it especially threatens the U.S. dollar," Thiel said.
페이팔 창업자 피터 틸, 비트코인이 미국에 대한 중국의 금융무기 - 달러화에 대한 공격 수단- 이므로 규제의 필요성을 역설.
2) Thiel also said that Apple was unlikely to confront China because of its massive supply chain to manufacture iPhones and other products in the country.
ACCORDING TO PETER THIEL, CHINA COULD BE UTILIZING BITCOIN AS A "FINANCIAL WEAPON" AGAINST THE UNITED STATES - BBG ARTICLE, READ HERE.
Peter Thiel: China cold be using $BTC as a “financial weapon”
ACCORDING TO PETER THIEL, CHINA COULD BE UTILIZING BITCOIN AS A "FINANCIAL WEAPON" AGAINST THE UNITED STATES.
@nic__carter @skibbi9 @MartyBent
He's not really repeating Green's points.
Green -> China is using BTC to accumulate USD and possibly attack BTC once they're done.
Thiel -> China is accumulating BTC in order to attack USD supremacy. US should catch up.
Peter Thiel is one of the greatest minds of our generation. He knows what he’s doing. Few know that @VitalikButerin
was awarded a grant by Thiel’s fellowship which is amazing and he obviously believes in the technology. https://t.co/3Nu6nwmLiw
Your Top Stories of the Day:
1. Bitcoin slid for a second day.
2. Peter Thiel spreads #FUD
3. Bloomberg foresees #BTC Rallying to $400K this year
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#blockchain #CryptoExchange #cryptocurrency https://t.co/6AU8MYhxX2
Matter of time before Thiel, Musk, and a few others in that club become the obsession of a nut job that takes Mimetic Theory to heart. They are the disease
I agree with Thiel. Cold wars are bullish for superweapons.
(Why is this controversial?)
Peter Thiel “Even thought I am maximalist i wonder if #bitcoin is a financial weapon of the Chinese government against the dollar”
Certainly you would have thought by now that Thiel knows how Bitcoin works, but well I guess he does not https://t.co/euPkGgnGTD