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Legendary Silicon Valley entrepreneur and investor Peter Thiel called out Google and China yesterday for being too close to the Chinese Communist Party. He also questioned whether Bitcoin is a tool to unseat the US dollar as the global reserver currency.
Thiel criticized Google for its work on artificial intelligence with Chinese universities, partially because of conversations he claimed to have with company insiders, reported CNBC.
“Since everything in China is a civilian- military fusion, Google was effectively working with the Chinese military, not with the American military,” Thiel said. He also sad that Google “insiders” told him that they worked with the Chinese because “they figured they might as well give the technology out the front door, because if they didn’t give it – it would get stolen anyway.”
He called for the U.S. to put a “lot of pressure” and scrutiny on Apple because of its labor supply chain in the country.
″Apple is probably the one that’s structurally a real problem, because the whole iPhone supply chain gets made from China,” Thiel said. “Apple is one that has real synergies with China.”
“Even though I’m sort of a pro-crypto, pro-Bitcoin maximalist person, I do wonder whether at this point Bitcoin should also be thought in part of as a Chinese financial weapon against the U.S., where it threatens fiat money, but it especially threatens the U.S. dollar, and China wants to do things to weaken it, so China’s long Bitcoin,” Thiel said.
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