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.
Correct me if I'm wrong but China is a different country with different plans from the rest of the world. China is still a communist country, so was my country a few decades ago. In my country, during communism, people were working a lot, everyone was forced to work, if they saw you outside in the street doing nothing, they'd catch you and force you to work in a factory or somewhere else. During communism, our country was closed too, you couldn't go outside of the soviet union, so we didn't know what life was like outside of it and we didn't have an idea about the Western world. I think that China is the same too, it's a very isolated country. If being a global superpower was their plan, then they wouldn't ban Bitcoin, that's my opinion. If they soft ban on Bitcoin and start Bitcoin adoption, then it means that they are in rivalry against the USA in terms of being a global superpower.