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Meme_Too [S] 2 points ago +2 / -0

PayPal co-founder and billionaire investor Peter Thiel warned that bitcoin could be a “Chinese financial weapon” used to dethrone the USD’s monetary status.

...assuming China is long bitcoin, the cryptocurrency could pose a threat to the U.S. dollar’s reserve currency status. The comments come at a time when fears over China’s assumed control over bitcoin are resurfacing