Bitcoin Evolves From Tulips Into A Geopolitical Weapon As US Warned Again

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Washington has received yet another warning about the dangers of inertia in the bitcoin (BTC) sphere, with a leading investment guru and political donor claiming that the United States could be neglecting the token at its own peril – and playing directly into Beijing’s hands.

Speaking at a virtual roundtable event arranged by the Richard Nixon Foundation, the Palantir CEO and founder Peter Thiel suggested that China may be taking a “long bitcoin,” strategy – and if that were the case if “from a geopolitical perspective,” Washington “should be asking some tougher questions about exactly how that works.”

Theil, who is also the co-founder of PayPal, stated at the event,
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