In the current financial environment, there is a subtle relationship between the trend of Bitcoin and China's attitude. Some believe that as long as China does not recognize Bitcoin, the price of Bitcoin will continue to rise. Behind this view are multiple complex factors.

First, the United States has been vigorously promoting Bitcoin, which may have a larger strategic purpose behind it. The U.S. is currently facing a debt pressure of up to $36 trillion, and they may hope to alleviate this crisis through Bitcoin. However, China remains vigilant and refuses to participate in this potential risk game.

Secondly, there is a viewpoint that the United States actually hopes China does not recognize Bitcoin. Because if China recognizes Bitcoin, due to the limited total supply of Bitcoin, its influence in the global financial market may be restricted or even marginalized. Conversely, if China does not recognize Bitcoin, the U.S. can operate Bitcoin freely within its own financial system and even abolish Bitcoin at an appropriate time, thereby eliminating some debt and maintaining the dominance of the U.S. dollar.

However, Bitcoin itself has many issues, especially regarding its value attributes. The value of Bitcoin mainly relies on its encryption and confidentiality features, but in reality, these features are not absolutely reliable. Therefore, Bitcoin itself does not have intrinsic value; its existence and value largely depend on the recognition of major national governments.

Against this backdrop, I have been paying attention to the trends in the primary market of the cryptocurrency sector and mining platforms. Recently, I discovered a project on the Binance chain that shows potential to become a hundredfold coin. The project's technical architecture, community support, and market positioning are very unique, making it worth noting for those looking for investment opportunities. Additionally, the associated mining platform is stable and reliable. $BTC $ETH $XRP #16thAnniversaryOfBitcoin #BinanceGlobalUsersExceed250Million