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22 April 2021

Peter Thiel calls Bitcoin ‘a Chinese financial weapon’ while Bloomberg says it could reach $400,000 | CryptoSlate

Peter Thiel calls Bitcoin ‘a Chinese financial weapon’ while Bloomberg says it could reach $400,000 | CryptoSlate


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Peter Thiel calls Bitcoin ‘a Chinese financial weapon’ while Bloomberg says it could reach $400,000.

Although Bitcoin seems to have been created as the first deflationary asset to combat the global financial system’s pitfalls, billionaire Peter Thiel believes that BTC has a deeper agenda. .

Anthony Pompliano believes that Thiel was taking out of context and was not taking an “anti-bitcoin stance.” Instead, the founder of Morgan Creek Digital maintains that “he’s saying: ‘listen there is a global competition happening here.'”

Whether Thiel tried to undermine Bitcoin or not, it is irrelevant when considering that BTC could replace gold reserve assets. 

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