Peter Thiel calls bitcoin a Chinese financial weapon and suggests a US ban on TikTok

Peter Thiel calls bitcoin a Chinese financial weapon and suggests a US ban on TikTok

Peter Thiel calls bitcoin a Chinese financial weapon and suggests a US ban on TikTok


Billionaire tech investor Peter Thiel warned about bitcoin’s potential in undermining the US dollar’s position as a global reserve currency and accused Chinese video app TikTok of creating “privacy-invading” technologies in a virtual talk on Tuesday. Thiel, an outspoken Silicon Valley supporter of former US president Donald Trump and a major investor in cryptocurrencies, shared his opinion in an online seminar centred on US Big Tech and China held by the Richard Nixon Foundation. “From China’s…

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