Log in

Home
Research
Analysis
Community
  1. Cryptonary
  2. Archived Posts
  3. Bitcoin may be undermining America, says Peter Thiel
News

Bitcoin may be undermining America, says Peter Thiel

Updated: Aug 31, 2024
Published: Apr 8, 2021
0
Share:

Bitcoin has faced a lot of resistance over the years, from governments to traditional financial institutions. Although governments are yet to fully accept Bitcoin and other cryptocurrencies, they are working hard to develop their central bank digital currencies. Peter Thiel thinks Bitcoin could undermine America’s position as the leading economy.

Post Feature Image

Thiel thinks China will use Bitcoin to undermine America

PayPal co-founder and venture capitalist Peter Thiel believe that Bitcoin could be used to undermine America’s position as the leading economy. He admitted that although he is a Bitcoin maximalist, he thinks the United States needs to consider tighter regulations on cryptocurrencies.

Thiel made his position known in an appearance earlier this week. According to a Bloomberg report, the statement marks a drastic change for Thiel, an investor in certain cryptocurrencies and digital currency companies.

He stated that “I do wonder whether, at this point, Bitcoin should also be thought [of] in part as a Chinese financial weapon against the U.S. It threatens fiat money, but it especially threatens the U.S. dollar. [If] China’s long Bitcoin, perhaps from a geopolitical perspective, the U.S. should be asking some tougher questions about exactly how that works.”

Thiel said this during an appearance at a virtual event held for members of the Richard Nixon Foundation. Peter Thiel was joined by former Secretary of State Mike Pompeo and former National Security Advisor Robert O’Brien. The conversation was focused on U.S.-China relations, and Thiel maintained his position that he is not a fan of American companies that do business with Beijing.

Bitcoin split views

Bitcoin’s potential as an asset or a medium of exchange has been vastly discussed over the past few years. Some analysts believe that Bitcoin is a means of exchange since Satoshi Nakamoto created it to be a decentralized form of money. However, others maintained that Bitcoin’s high volatility makes it more of a store of value than a currency.

Its value rose dramatically over the past year as retail and institutional investors open up to Bitcoin and the other cryptocurrencies.

Continue reading by joining Cryptonary Pro

Save 30%

$997/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

As a Cryptonary Pro subscriber, you also get:

  • 3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

3X Value Guarantee

If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

Terms & Conditions apply

Star

Trusted by 300,000+ investors

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp

Frequently Asked Questions

Can I trust Cryptonary's calls?

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

Do I need to be an experienced trader or investor to benefit?

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

What makes Cryptonary different from free crypto content on YouTube or Twitter?

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

Why is there no trial or refund policy?

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Do I get direct access to the Cryptonary team?

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

How often is content updated?

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

How does the 3X Value Guarantee work?

We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.

Recommended from Cryptonary
BTC, ETH and More: Altcoins Show Signs of Strength
PRO
Market Direction
BTC, ETH and More: Altcoins Show Si...Markets remain range-bound, but the balance of risks has shifted marginally toward a short-term reli...
9 min read
Jan 2, 2026
Market Update: Relief Rally Potential Hinted by Sentiment and Flows
PRO
Market Updates
Market Update: Relief Rally Potenti...After a quiet holiday period, markets are slowly finding their footing again, though activity remain...
7 min read
Dec 31, 2025
BTC, ETH and More: Sideways Holiday Action
PRO
Market Direction
BTC, ETH and More: Sideways Holiday...Markets are closing out the year with thin liquidity, tight ranges, and limited follow-through. This...
9 min read
Dec 30, 2025
Cryptonary's 2026 Crypto Market Outlook
PRO
Research Report
Cryptonary's 2026 Crypto Market Out...We’re starting 2026 with something special. This report brings together the lessons and outlook of t...
3 min read
Jan 7, 2026
BTC, ETH and More: Bullish Momentum Across Crypto Majors and Select Alts
PRO
Market Updates
BTC, ETH and More: Bullish Momentum...Markets are finally moving with intent after weeks of compression and false starts. Key levels are b...
11 min read
Jan 6, 2026
Market Update: Crypto Relief Rally Continues
PRO
Market Updates
Market Update: Crypto Relief Rally ...Markets have kicked off the year with speed and intent. In this update, we break down what’s driving...
9 min read
Jan 5, 2026
BTC, ETH and More: Altcoins Show Signs of Strength
PRO
Market Direction
BTC, ETH and More: Altcoins Show Si...Markets remain range-bound, but the balance of risks has shifted marginally toward a short-term reli...
9 min read
Jan 2, 2026
Market Update: Relief Rally Potential Hinted by Sentiment and Flows
PRO
Market Updates
Market Update: Relief Rally Potenti...After a quiet holiday period, markets are slowly finding their footing again, though activity remain...
7 min read
Dec 31, 2025
BTC, ETH and More: Sideways Holiday Action
PRO
Market Direction
BTC, ETH and More: Sideways Holiday...Markets are closing out the year with thin liquidity, tight ranges, and limited follow-through. This...
9 min read
Dec 30, 2025
Cryptonary's 2026 Crypto Market Outlook
PRO
Research Report
Cryptonary's 2026 Crypto Market Out...We’re starting 2026 with something special. This report brings together the lessons and outlook of t...
3 min read
Jan 7, 2026
BTC, ETH and More: Bullish Momentum Across Crypto Majors and Select Alts
PRO
Market Updates
BTC, ETH and More: Bullish Momentum...Markets are finally moving with intent after weeks of compression and false starts. Key levels are b...
11 min read
Jan 6, 2026
Market Update: Crypto Relief Rally Continues
PRO
Market Updates
Market Update: Crypto Relief Rally ...Markets have kicked off the year with speed and intent. In this update, we break down what’s driving...
9 min read
Jan 5, 2026
BTC, ETH and More: Altcoins Show Signs of Strength
PRO
Market Direction
BTC, ETH and More: Altcoins Show Si...Markets remain range-bound, but the balance of risks has shifted marginally toward a short-term reli...
9 min read
Jan 2, 2026
Market Update: Relief Rally Potential Hinted by Sentiment and Flows
PRO
Market Updates
Market Update: Relief Rally Potenti...After a quiet holiday period, markets are slowly finding their footing again, though activity remain...
7 min read
Dec 31, 2025
BTC, ETH and More: Sideways Holiday Action
PRO
Market Direction
BTC, ETH and More: Sideways Holiday...Markets are closing out the year with thin liquidity, tight ranges, and limited follow-through. This...
9 min read
Dec 30, 2025
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsCrypto Research
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for us
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

popupimage
Our Latest Utility Token Research ReportPreviously locked for Pro members, now available to read in full.
  • tickThe utility token we're tracking closely
  • tickWhy we believe it's still early in the cycle
  • tickWhat we're watching to confirm a structural shift

Email Address

​

Phone Number

Netherlands

No spam. No hype. Just the research.