Aren’t these countries already considered the closest rivals in terms of economy? 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?
This is an interesting topic IMO, especially since Bitcoin is becoming increasingly influential. Some nations are even considering it as a strategic reserve. So, this type of discussion is very engaging for Bitcoin enthusiasts, as it combines politics, economics, and the growing role of cryptocurrencies on the global market.
Bitcoin position during Trump position was never positive, he has never said anything good when asked questions regarding Bitcoin, perhaps he was not informed and ignorant of Bitcoin, even during his pre campaign there was never Bitcoin but there was part of his campaign team that were playing along with some meme coins and when he saw the opportunity for Bitcoin, he jumped on it and we hope he continue to prove that support when he get to office.
China are very strict with their policies, they don't want you to control any aspect of their economy neither their citizens. It's not like Bitcoin is the only thing they don't like, they dislike anything they don't control. Look at Facebook, WhatsApp, X and TikTok, they don't allow this apps in their country. They have to make TikTok in their own country just to prove their points which is why Bitcoin is not something that can grow in such country. However, US is home for everything as long as it benefits them.