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?
Just because how good there economy is they are trying by all means to claim power true there economy and the influence of trump coming to power is what makes all this things very and more interesting to watch imagine some countries are trying to claim power by all things and even china eventually when they see that other countries are making money then china might decide to consider, There countries placing ban and at the end of the day they are doing everything possible to be part of it for growth, US will do everything possible to make a meaning out of all this so there is more to come.
The economical warfare between two big powers usually does hurt them, working together of course makes them stronger, so fighting against each other will only keep them both hurting more, why would a war would be good for business, a friendship and working together would have bene better.
But worse part is, other nations will not benefit from this easily neither, things will get harder and more expensive in these nations due to inflation caused by this and other people will be impacted as well. Imagine iphones are now forced to be made in the USA, not that it would happen, but just imagine for a moment, the cost of it would skyrocket right? Then some guy in Namibia has to pay more for it too, so what happens between USA and CHina impacts us as well.