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Peter Thiel: China may be using bitcoin as ‘financial weapon’ against U.S.

 
Agent 88

User ID: 9411909
Canada
04/08/2021 05:53 AM
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Re: Peter Thiel: China may be using bitcoin as ‘financial weapon’ against U.S.
1 billion Chinese can walk into America and outnumber us in a day.
 Quoting: Agent 99


They can lose 500 million during an invasion and still be at an advantage with numbers...

Keep in mind the fact that USA has 320 million people, give or take a few million, but the real question is how many will take up arms in an invasion...1dunno1

Look at what happened during the past election and who is in the white house now...

Are any Americans taking to the streets now???

The country is in the middle of a commie takeover right now...AND NOTHING IS BEING DONE!!!
 Quoting: Agent 88


Agent 88 and Agent 99, are y'all working together? What's the current mission? Or would you have to kill me if I knew?
 Quoting: My Foolish Daydream


Miss Cleo works for a separate organization than I do...
"Were living in a time where facts have become conspiracy theories"

A larper,eh...
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4-20-1889
SmoothSailing

User ID: 79957087
United States
04/08/2021 06:50 AM

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Re: Peter Thiel: China may be using bitcoin as ‘financial weapon’ against U.S.
[link to www.marketwatch.com (secure)]
[link to news.yahoo.com (secure)]

Thiel said China would like to see two global reserve currencies, rather than the dollar being the default reserve currency. But China doesn’t want its renminbi to fill that role, and in the past has used the euro “in part” as a weapon against the dollar. That hasn’t worked, so now China is trying to elevate bitcoin, Thiel argued.

“[If] China’s long bitcoin, perhaps from a geopolitical perspective, the U.S. should be asking some tougher questions about exactly how that works,” he said.


Appearing alongside former Secretary of State Mike Pompeo and former National Security Adviser Robert O'Brien at a virtual event held for members of the Richard Nixon Foundation, Thiel warned that Bitcoin may be a threat to the United States, indicating that his hawkish attitude toward China outweighs his crypto enthusiasm (Thiel is a major investor in virtual currency ventures and in cryptocurrencies themselves, Bloomberg notes).

Thiel explained that China isn't fond of the fact that the U.S. dollar is the world's major reserve currency because it gives the U.S. global economic "leverage," and he thinks Beijing may view Bitcoin as a tool that could chip away at the dollar's might. "I do wonder whether at this point, [if] Bitcoin should also be thought [of] in part as a Chinese financial weapon against the U.S.," he said, video from the event obtained by Bloomberg reveals. "It threatens fiat money, but it especially threatens the U.S. dollar ... perhaps from a geopolitical perspective, the U.S. should be asking some tougher questions about exactly how that works."
 Quoting: McDonald Trunalimunumaprzure



Ahhhh, Peter Theil. The man himself, the owner of Palintir. He would be right there with Mile Pompeo.

Y'all want to see something that'll curl your toes look up Peter Theil's company Palintir.
 Quoting: Just Passing Through.....


Palantir has long term line item contracts (CLIN) for government projects.

Last Edited by SmoothSailing on 04/08/2021 06:52 AM
"A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear."
Marcus Tullius Cicero
OldCar

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04/08/2021 08:33 AM
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Re: Peter Thiel: China may be using bitcoin as ‘financial weapon’ against U.S.
[link to www.marketwatch.com (secure)]
[link to news.yahoo.com (secure)]

Thiel said China would like to see two global reserve currencies, rather than the dollar being the default reserve currency. But China doesn’t want its renminbi to fill that role, and in the past has used the euro “in part” as a weapon against the dollar. That hasn’t worked, so now China is trying to elevate bitcoin, Thiel argued.

“[If] China’s long bitcoin, perhaps from a geopolitical perspective, the U.S. should be asking some tougher questions about exactly how that works,” he said.


Appearing alongside former Secretary of State Mike Pompeo and former National Security Adviser Robert O'Brien at a virtual event held for members of the Richard Nixon Foundation, Thiel warned that Bitcoin may be a threat to the United States, indicating that his hawkish attitude toward China outweighs his crypto enthusiasm (Thiel is a major investor in virtual currency ventures and in cryptocurrencies themselves, Bloomberg notes).

Thiel explained that China isn't fond of the fact that the U.S. dollar is the world's major reserve currency because it gives the U.S. global economic "leverage," and he thinks Beijing may view Bitcoin as a tool that could chip away at the dollar's might. "I do wonder whether at this point, [if] Bitcoin should also be thought [of] in part as a Chinese financial weapon against the U.S.," he said, video from the event obtained by Bloomberg reveals. "It threatens fiat money, but it especially threatens the U.S. dollar ... perhaps from a geopolitical perspective, the U.S. should be asking some tougher questions about exactly how that works."
 Quoting: McDonald Trunalimunumaprzure

wat a genius i thought this years ago. "mr satoshi"
NowIhavetothinkofanam​e

User ID: 76665316
Australia
04/08/2021 02:21 PM
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Re: Peter Thiel: China may be using bitcoin as ‘financial weapon’ against U.S.
1 billion Chinese can walk into America and outnumber us in a day.
 Quoting: Agent 99


They can lose 500 million during an invasion and still be at an advantage with numbers...

Keep in mind the fact that USA has 320 million people, give or take a few million, but the real question is how many will take up arms in an invasion...1dunno1

Look at what happened during the past election and who is in the white house now...

Are any Americans taking to the streets now???

The country is in the middle of a commie takeover right now...AND NOTHING IS BEING DONE!!!
 Quoting: Agent 88


Agent 88 and Agent 99, are y'all working together? What's the current mission? Or would you have to kill me if I knew?
 Quoting: My Foolish Daydream


You're crazy Ms Daydream...

Agent 88 and agent 99 were characters from Get Smart, a TV show from the 60s. They're probably friends who are showing their age.

Get Smart was all the rage back in the 80s.
NowIhavetothinkofanameohnoithurts
It's all bull!
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Alchemike

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04/08/2021 02:34 PM
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Re: Peter Thiel: China may be using bitcoin as ‘financial weapon’ against U.S.
Blah Blah Blah
"China wants to weaken the dollar"...
What the fuck do you think the morons at the Federal Reserve have done to the US dollar?
It has lost 99.9% of its value since it’s inception.

EVERY fiat currency has failed. Bitcoin represents the best store of value the world has ever seen. It is decentralized, permissionless, incorruptible, etc, etc...

If the US wants to protect itself the morons at the Fed and in the Treasury better start buying the living shit out of it and promoting it every way possible. ASAP.

Bitcoin is a weapon against ANY government, China included.
white walks red...





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