#币安MegadropSOLV
Some believe that the U.S. promotes Bitcoin to lure China into the game to eliminate its $36 trillion debt, but China has not fallen for it. Perhaps what the U.S. wants is for China not to recognize Bitcoin.
Because if China recognizes it, there are only 21 million Bitcoins, which won't be enough to go around and will be marginalized by mainstream currencies. Only if China does not recognize it can the U.S. have a reason to exclude China, drive up Bitcoin's value, and eventually abolish it, allowing the U.S. to eliminate its foreign debt all at once and then return to the dollar.
After all, the intrinsic value of Bitcoin is questionable; encryption and confidentiality are not absolute, and any decryption is an upgrade against the encryption. So Bitcoin is just a string of numbers, completely worthless. Only with recognition from the U.S. government can it survive as an attachment to the dollar; while it may steal the thunder from the dollar, it cannot shake the dollar's status. $BTC