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.
I am sure that China will also make Bitcoin legal in future. They are not very rigid when the decision is impacting the economy in some way. Suppose all the other economies are benefitting from use of crypto, I am sure that they will also understand the value of crypto and rethink their current stance.