Apr 9, 2021
Peter Thiel is nothing if not good at igniting controversy. For the last 24 hours or so, Bitcoin Twitter (and really, FinTwit and TechTwit and Politics Twitter as well) have been hotly debating his assertion in recent remarks that bitcoin had become a “Chinese financial weapon.”
In today’s episode, NLW breaks down:
- The debate around Thiel’s comments
- Why bitcoin is more likely a threat to Chinese aspirations around the digital yuan’s future status as a global currency than the U.S. dollar
- Why digital dollars like tether and USDC might make this whole debate moot from the get-go
--
Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP,
Stablecoins & more. Get started at nexo.io
--
Enjoying this content?
SUBSCRIBE to the Podcast
Apple:
https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb
Spotify:
https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ
Google:
https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=
Follow on Twitter:
NLW: https://twitter.com/nlw
Breakdown: https://twitter.com/BreakdownNLW
The Breakdown is produced and distributed by
CoinDesk.com