Tech entrepreneur Peter Thiel is warning that Bitcoin could be a Chinese weapon and recently made excuses for the Biden regime’s crackdown on the cryptocurrency.
Thiel talked out of both sides of his mouth, claiming that he supports cryptocurrency in general, but spread conspiracy theories about Bitcoin to justify repressive federal policies.
“I do wonder whether at this point, Bitcoin should also be thought [of] in part as a Chinese financial weapon against the U.S.,” Thiel said while appearing before the Richard Nixon Foundation.
“It threatens fiat money, but it especially threatens the U.S. dollar… [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 added.
The video can be seen here:
“Even though I'm a pro-crypto, pro-Bitcoin maximalist person, I do wonder whether if at this point Bitcoin should also be thought of in part as a Chinese financial weapon against the U.S.” says @Paypal co-founder Peter Thiel.
— Richard Nixon Foundation (@nixonfoundation) April 7, 2021
Thiel appeared at the conference alongside former Secretary of State Mike Pompeo and former National Security Advisor Robert O’Brien, two neoconservative former members of the Trump administration. Pompeo is considered a possible presidential contender for 2024, and Thiel has put $10 million behind the campaign of anti-Trump “populist” U.S. Senate contender J.D. Vance in Ohio.
It seems that Thiel, who once described himself as a libertarian, is taking a more active role in politics in the post-Trump era, and he is more concerned about protecting his own business interests than promoting the cause of freedom.
Liberty Conservative News has reported on how crypto proponents are being hammered by the feds who are desperate to prop up their crooked financial system:
“Six individuals affiliated with the “Free Keene” movement in New Hampshire have been apprehended and charged with felonies related to illicit cryptocurrency trading, including money laundering and wire fraud.
Some of the individuals slapped with the charges are well-known in libertarian circles, as the feds try to make examples of popular crypto proponents. 40-year-old Ian Freeman, host of Free Talk Live, was among the individuals hit with felony charges.
Other individuals charged with criminal acts include 60-year-old Colleen Fordham of Alstead, 35-year-old Andrew Spinella of Derry, 52-year-old Nobody (Richard Paul) of Keene, 23-year-old Renee Spinella of Derry, and 34-year-old Aria DiMezzo of Keene. Several of these folks have run for public office on radical libertarian platforms within the state.
The charges stem from bank accounts set up for the Shire Free Church, the Crypto Church of New Hampshire, the Church of the Invisible Hand and the Reformed Satanic Church. The feds are claiming these individuals committed fraud by setting up these churches for the purposes of evading taxes and moving cryptocurrency.”
Thiel is dependent on federal contracts to bring in revenue for his Big Brother tech firms like Palentir. This may be why he is opposing Bitcoin and spreading propaganda for the financial status quo.