Pompliano believes that the US should accept Bitcoin to counter China’s’financial attack’.
According to Cointelegraph, a cryptocurrency media outlet on the 8th (local time), Morgan Creek Digital co-founder Anthony Pompliano, like the Internet, said that without the proper permission of lawmakers, bitcoin would be used in a way that could degrade the US Pointed out that you can.
“If the US doesn’t play a leading role in accepting Bitcoin, it can damage the US dollar,” argued Anthony Pompliano.
He followed a warning from investor Peter Thiel, who claimed to CNBC on the 8th of last month that “China can destabilize the US dollar hegemony using Bitcoin (BTC).”
Thiel’s warning about the Bitcoin threat!
“I am curious if bitcoin will be partly regarded as China’s financial weapon against the United States,” Tiel said at the’Nixon Seminar’.
When asked if this would be a potential problem, Pompliano replied that TEL is not an opponent of Bitcoin, and that, like the Internet, if policymakers misunderstand, it could have both positive and negative consequences in the United States at the same time.
“I think we should understand that Bitcoin is an open and decentralized protocol,” he explained in the CNBC’Squakbox’ corner.
“Everyone in the world has the opportunity to use it like the Internet. So, just because other countries may use it, hostile to the United States or not, does not mean that THL is taking a stand against Bitcoin.
“What we need is the United States to be a leader here. We have to embrace it, so we have to use this technology to continue to be a leader on the global stage,” he added.