Quote from: Ryu_Ar1 on December 07, 2024, 09:54:46 PM

Quote from: freedomgo on December 07, 2024, 02:11:12 AM

Quote from: Ryu_Ar1 on December 06, 2024, 09:37:57 PM

The government has power and I agree with that but in the end none of them can stop bitcoin including countries that do have a big role in the economy such as the US and China and Russia will not be able to stop bitocin because they will continue to move according to what was planned from the beginning where it will be completed even 80 decades from now.

Putin (Russia) mentioned that no one could stop Bitcoin. The USA is planning to consider it as a strategic reserve, while China continues to ban it. These major countries, at least two of them, are in favor of Bitcoin. This shows that Bitcoin will always sustain itself, and that’s the power of decentralization.

Although regulations may reduce our anonymity or lessen privacy in transactions, as long as the system remains intact and functions the way it’s designed to, Bitcoin will remain unstoppable. With that said, we should consider investing or continue holding as its demand will continue to increase in the future, and you know what would happen to its price in that scenario.

Actually, even when talking about China, I don't feel that they really banned bitcoin because in the end this could be their ploy to get bitcoin at a lower price because some of the news they did made the market a little volatile and in fact the ban from China happened. not once or twice but several times they banned and legalized bitcoin again. So with this, even stupid people can definitely conclude that this could be one of their strategies even though they still hold the anti-bitcoin claims that they always maintain.

Some economic rulers such as China and America of course will not give up bitcoin because of the advantages that bitcoin has, even though they cannot curb or completely make bitcoin regulated but they are aware that they have to find a way to reap big profits from bitcoin in the end.

The biggest war at the moment is the financial war. If someone can fight with money, then it is not difficult to defeat them. China is in a higher position in the world in terms of finance with its technological advancement. They may not want to openly accept Bitcoin for strategic reasons, but they are definitely accepting Bitcoin.

On the other hand, the United States is already accepting Bitcoin openly and they have already started ETF trading. I am sure that both China and America have been able to estimate the benefits and potential of Bitcoin well, which is why one country may be secretly accepting and holding Bitcoin while the other country is openly accepting and holding Bitcoin.

Everyone's goal is to make profit and I don't think that China will lag behind in this matter in any way, as it has advanced in other areas of technology in recent times.