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?
Before US President Donald Trump came to power, he was commenting on Bitcoin. He wants the United States to be ahead in all aspects. The potential of Bitcoin and the adoption of Bitcoin are important to keep the country ahead economically. His government wants to keep Bitcoin as a strategic reserve. He is very well aware that in the next few years, almost all countries will come forward in adopting Bitcoin. And if the United States cannot lead here, then the way they are leading the world will deteriorate. That is why, considering different issues, he has given special attention to the adoption of Bitcoin in their country and its reserves. Moreover, the major powerful countries of the world, including Russia, also want to trust Bitcoin. In that case, it does not seem that China will take such a stupid decision. Although they oppose Bitcoin externally, there is no way to say that they are not trying to reserve Bitcoin internally for strategic reasons.