Post
Topic
Board Bitcoin Discussion
Re: China to dump their US treasury holdings for BTC.
by
Synchronice
on 30/04/2025, 11:27:37 UTC
It's not as simple as it seems, because as the article says, China has the ability to harm the US, but if it goes in that direction, it will harm itself as well. Simply put, China depends on the US and vice versa, and all this pressure from the US is just an attempt to reach agreements that will be more favorable to the US than they have been so far.
That's actually true but wasn't it too harsh attempt from the USA? I mean, when you show some respect, it's getting easier to achieve your favorable agreement but the USA choose a very harsh way and the way of showing power, then the China did the same and now it's clear that the USA is bluffing. Won't it be much hard for the USA to achieve a favorable agreement now? I think, it will be.

If China continue this rubbish, they should know it will affect them because Yaun price will increase and this will likely affect the price of goods from China to other countries to increase in price which might be in favour of goods from other countries.
Why don't other countries have the same problem? If we follow that logic, then Turkey is doing the best. If Yuan gets strengthened, then the government can lower salaries and lower the price of everything. What changes in the end with this approach? Or am I someone who doesn't understand this?