Post
Topic
Board Speculation (Altcoins)
Re: What is the future of bitcoin without powerful nations?
by
Silberman
on 08/03/2023, 17:53:41 UTC
At the same time, the Chinese government absolutely clearly shows to what extent it wants to control its people - this is total control. And of course Bitcoin with its anonymity goes against these aspirations of the Chinese government. But the United States does not show this so clearly, but since the dollar is an unsecured Paper, it is obvious that they do not want to lose its magical power over the world.
The Chinese model is bound to fail as people by nature want to have freedom and a totalitarian state will always be against it, so despite how powerful China may look on the outside it will eventually decay from inside and fall, the US model is slightly better as it retains the illusion of freedom for their people, but they still want to achieve the same as the Chinese, however it seems they are slowly realizing that no matter what they do bitcoin can resist all their attacks.