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.
The postures of both countries do not surprise me, the government of China is bent on controlling their citizens as much as possible, and while something similar could be said about the US, China is way more open about it, and since bitcoin is nothing more but a form of money, it will be way harder for any US politician in office to make a case for its ban as so many people have already invested in it, and this could seriously affect the finances of millions, which should be enough to change to political landscape and give an easy advantage to the politicians that support it.