> “I don’t know that you should put all your money into bitcoin at $60,000 a bitcoin right now,” Thiel said. “But surely the fact that it is at $60,000 is an extremely hopeful sign. It’s the canary in the coal mine. It’s the most honest market we have in the country, and it’s telling us that this decrepit... regime is just about to blow up.”
which they copy-pasted from https://www.theinformation.com/briefings/8c2365
“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 during an appearance at a virtual event held for members of the Richard Nixon Foundation. “It threatens fiat money, but it especially threatens the U.S. dollar.” He added: “[If] China’s long Bitcoin, perhaps from a geopolitical perspective, the U.S. should be asking some tougher questions about exactly how that works.”
https://www.bloomberg.com/news/articles/2021-04-07/peter-thi...
By most estimations China is sitting on / "HODLing" a fortune in BTC.
Weaponized global finance. The petrodollar war rages on in crypto land