US Rep. Calls Bitcoin A ‘Geopolitical Weapon Used By Multiple Adversaries’
Top US officials have increasingly placed Bitcoin (BTC) at the center of national security discussions, and Representative Lance Gooden says the change is more than just political rhetoric. In comments reported Thursday, the Texas Republican argued that the largest cryptocurrency has become a “geopolitical weapon” being used—simultaneously, in his view—by multiple adversaries. Multi-Front Security Use Of Bitcoin Gooden’s remarks follow confirmation from Pentagon leadership. According to reporting by the TFTC agency, Secretary of War Pete Hegseth told him that the Department of Defense is....
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A Texas nonprofit that garnered worldwide media attention for producing the first 3D printed gun -- and raised funds in bitcoins to help pay for the project -- has removed the blueprints for the weapon from its website. Twenty-five-year-old University of Texas law student Cody Wilson runs a company called Defense Distributed, which he calls "Home of the Wiki Weapon Project." Earlier this week, the company posted files with details on how to print a weapon called "the Liberator" at its DEFCAD site. On Thursday, however, those files were "removed from public access at the request of the US....
While some have compared Bitcoin to a tool of war, it is more like a defensive weapon that protects those who use it from authoritarianism and overreach.
All of this seems to be another attempt by mainstream media to discredit Bitcoin and cryptocurrency. Bitcoin is once again making headline news related to a terror attack. According to German media outlets, the weapon used in the Munich shooting has been purchased from the darknet. As is to be expected, this person allegedly paid in Bitcoin for this item, although that has not been officially confirmed at this stage. Germany has been hit by various terrorist attacks as of late, and the Munich shooting was one of the most horrible events to take place. Law enforcement agencies have been....
Despite a recent slump in Bitcoin (BTC) price driven by rising geopolitical tensions in the Middle East, overall market sentiment remains positive, with the leading cryptocurrency still trading in the mid-$100,000 range. Further, a key on-chain indicator suggests that the current BTC rally could still have more room to run. Bitcoin Puell Multiple Suggests More […]
Peter Thiel has urged the U.S. government to reappraise China’s relationship with Bitcoin from a geopolitical perspective. PayPal co-founder and venture capitalist, Peter Thiel, has warned that the Chinese central government may be supporting Bitcoin as a means to undermine the foreign and monetary policy of the United States.But, he added, it has tried to use the Euro the same way.Speaking at a virtual event hosted by conservative non-profit, the Richard Nixon Foundation, Thiel was commenting on whether China’s central bank-issued digital currency, or CBDC, could threaten the U.S.....