Post
Topic
Board Bitcoin Discussion
Re: US idea to counter China attack with bitcoin
by
mersal
on 08/04/2021, 23:02:13 UTC
Anthony Pompliano has said that if the United States does not accept bitcoin and does not legalize it, the US dollar will fall and lose its value.
As you know, China has been able to be one of the major shareholders of Bitcoin by mining bitcoin, and in this way it wants to go to war with the US dollar. I have even heard that China has started mining bitcoin in other countries as well.
What do you know about this?
Source and continuation of this news:https://cointelegraph.com/news/us-must-embrace-bitcoin-to-counter-chinese-financial-attack-pomp
This is pure speculation even though most of the miners are located in China, they are not done by the Chinese governments so how the government is going to take BTC as a tool against China in the economic war?

And again China is already trying to suppress the use of bitcoin among their country itself by creating digital Yuan means they are also trying to stop bitcoin adoption while US regulated it.