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Peter Thiel Calls Bitcoin ‘a Chinese Financial Weapon’ at Virtual Roundtable

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Thiel Says Bitcoin Is ‘Chinese Financial Weapon’ Against U.S.
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Peter Thiel is “pro-crypto” and “pro-Bitcoin maximalist,” but he also thinks the cryptocurrency may be undermining America.

Thiel, the venture capitalist and conservative political donor, urged the U.S. government to consider tighter regulations on cryptocurrencies in an appearance on Tuesday. The statements seemed to represent a change of heart for Thiel, who is a major investor in virtual currency ventures as well as in cryptocurriences themselves.