Which country between these two would you rather see welcoming crypto and fully embracing Bitcoin? China? The United States?
I want to know fully accept crypto, like what do you mean?because usually every country has a different treatment of crypto, in my country crypto is legal as a commodity asset but prohibited as legal tender.
I read an article that says that upon the ban of Cryptocurrencies in China over 30 million Chinese are using Crypto in the country.
It's best if you link the link so that we can read as material for discussion, as far as I know China is very extreme towards the journey of crypto to its people and many restrictions are binding and they cannot be violated.
At this point in Bitcoin and crypto life, Ban is no more an issue it seems, what do you think about this? It's like saying a country ban VPNs where as you can bypass any country's FireWall.
This ban is general in nature and there are consequences for us banning it, but there are loopholes that can be taken for those who like crypto, including the Chinese state which strictly prohibits crypto.
Banning crypto is no more effective on crypto itself, it's now more like a pure joke, I would still like to see the U.S embrace crypto more than China, just my own answer to my question, what about you?
In my opinion America is not against the concept of crypto, but they are trying to limit some infrastructure for crypto use. For example, regulating the exchange (exchange), taxes imposed and also the highly developed technology industry there. My knowledge of America may be very limited and my understanding may be inaccurate if I am not up to date.