Post
Topic
Board Bitcoin Discussion
Re: China vs US with different stance on bitcoin
by
Alpha Marine
on 13/01/2025, 17:49:38 UTC
Under Trump’s presidency, his policies on Bitcoin were generally positive, while China has maintained its stance on banning it. So what do you think? will the US’s adoption of Bitcoin help boost its economy and give it an edge over China, or could it have the opposite effect?

When you say "under Trump's tenure" you're talking about his first tenure, right?
If that's what you mean then you should know that Trump's first tenure was not pro-bitcoin in his first tenure. In fact, he was openly anti-bitcoin. He made statements and tweets about it that are still up till this day.
He just turned around and because an advocate for bitcoin when it was time for his second tenure campaign.

Also, "adoption of bitcoin" in what sense?
I don't see how else the US government wants to adopt bitcoin. They will definitely not make it legal tender and they may not even agree to set up a bitcoin reserve in Trump's second term. These are things that take so much time.
The best ill see it a little bit less strict policies on bitcoin-related transactions, companies and business and i doubt something like that is significant enough to do much to an economy.