PayPal’s Peter Thiel warns Bitcoin as a potential ‘Chinese financial weapon’ against the US

PayPal’s Peter Thiel warns Bitcoin as a potential ‘Chinese financial weapon’ against the US

According to a study titled Cambridge Bitcoin Electricity Consumption Index by the University of Cambridge, China’s share in global Bitcoin mining stood at around 65 per cent as of zApril 2020 while the US accounted for only 7.2 per cent of global bitcoin mining.
Check the source here –Source, Financial Express.

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