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?
The inability of different countries of the world, especially the world powers to agree on one stance in any case of Bitcoin is the reason why Bitcoin will continue to strive. Bitcoin is now like an economic battle ground between countries. US will deliberately allow bitcoin if China bans it and it China becomes too friendly with bitcoin, US might decide to go against it. With this development, bitcoin is safe.
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.
I have been hearing this story of strategic reserve, but I don't know how the story emanated. I don't think it's going to happen, maybe it's an individual's daydream.