China missed out on Bitcoin, while the US icon is going all in.
In the past few years of the global cryptocurrency wave, China's attitude can be summarized in four words: respectful yet distant.
From the early repression of mining and banning exchanges, to later claims that 'blockchain does not equal Bitcoin', we have consistently applauded the technology while shaking our heads at the applications. We watched as others turned Bitcoin into a financial weapon and a national strategy, while we closed our doors, entertaining ourselves with our own 'digital RMB icon'.
On the other hand, the US is going all in on Bitcoin.
With the large-scale approval of ETFs, Wall Street giants like BlackRock icon and Fidelity are scrambling to build their positions; presidential candidates are openly calling to 'protect Bitcoin'; even the Federal Reserve is researching how to incorporate cryptocurrencies into a formal regulatory framework. This is laying the groundwork for the future 'Dollar 2.0', using Bitcoin to inherit the next financial hegemony.
You think they are speculating on coins, but in fact, they are laying out the 'financial internet' of the next era.
And what about us? Talent is flowing to Singapore icon, Hong Kong icon, Dubai;
Companies venture abroad to survive, industries bloom outside the walls;
The entire market has been cut off at the door by the 'firewall', only able to be 'spectators'.
Bitcoin is not a scam; it is the starting point of a new generation of asset systems.
Today's Bitcoin is no longer the 'speculative asset' of grassroots traders, but an 'asset anchor' officially recognized by governments, capital, and Wall Street. This is not a victory for a coin, but a shift in the rules of the era.
China did not lack opportunities, it simply chose to avoid risks.
The US is not without risks, it simply chose to bet on the future.
When we finally wake up, we will realize: what we missed may not just be the rise of an asset, but the dominance of a new financial system.