The Breakdown

Is Bitcoin a Chinese Financial Weapon? Peter Thiel Ignites a Geopolitical Debate


Listen Later

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
...more
View all episodesView all episodes
Download on the App Store

The BreakdownBy Blockworks

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

726 ratings


More shows like The Breakdown

View all
Unchained by Laura Shin

Unchained

1,206 Listeners

TFTC: A Bitcoin Podcast by Marty Bent

TFTC: A Bitcoin Podcast

765 Listeners

The Peter McCormack Show by Peter McCormack

The Peter McCormack Show

2,161 Listeners

CoinDesk Podcast Network by CoinDesk

CoinDesk Podcast Network

636 Listeners

Stephan Livera Podcast by Stephan Livera

Stephan Livera Podcast

410 Listeners

The Pomp Podcast by Anthony Pompliano

The Pomp Podcast

1,834 Listeners

On The Brink with Castle Island by Castle Island Ventures

On The Brink with Castle Island

287 Listeners

What Bitcoin Did by Danny Knowles

What Bitcoin Did

251 Listeners

Markets Daily Crypto Roundup by CoinDesk

Markets Daily Crypto Roundup

131 Listeners

Bankless by Bankless

Bankless

1,023 Listeners

The Wolf Of All Streets by Scott Melker

The Wolf Of All Streets

227 Listeners

Swan Signal Live - A Bitcoin Show by Swan Bitcoin

Swan Signal Live - A Bitcoin Show

178 Listeners

Empire by Blockworks

Empire

164 Listeners

Supply Shock by Blockworks

Supply Shock

115 Listeners

Coin Stories by Natalie Brunell

Coin Stories

416 Listeners

Bitcoin Builders by Nathaniel Whittemore

Bitcoin Builders

53 Listeners

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis by Nathaniel Whittemore

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis

479 Listeners