US must embrace Bitcoin to counter Chinese 'financial attack' — Pomp

US must embrace Bitcoin to counter Chinese 'financial attack' — Pomp

Bitcoin, like the internet, can be used in ways which could compromise U.S. prowess without suitable allowances from lawmakers. Bitcoin (BTC) can undermine the U.S. dollar if the United States does not take a lead role in accepting it, argues Anthony Pompliano.Speaking to CNBC on April 8, the Morgan Creek Digital co-founder followed up on a warning from investor Peter Thiel that China could use Bitcoin to destabilize USD hegemony.Thiel cautions over Bitcoin threat"I do wonder at this point whether Bitcoin is to be thought of in part as a Chinese financial weapon against the U.S.; it....


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