As long as China does not acknowledge it, Bitcoin will keep rising!
As long as China does not acknowledge it, Bitcoin will keep rising!
Many people believe that the U.S. promotes Bitcoin to lure China into the game; otherwise, it would be difficult to eliminate the 36 trillion debt. But China refuses to fall into the trap, and they keep self-amusing...
Perhaps what the U.S. wants is for China not to acknowledge Bitcoin?
Because if China acknowledges it, there are only 21 million Bitcoins, which is simply not enough to go around, and it will be marginalized by mainstream currencies, becoming just a tool to exploit players, making very little money.
Only China does not acknowledge it, and they have reason not to involve China, pushing up Bitcoin, and at some point directly abolishing Bitcoin, with the U.S. external debt disappearing all at once and still making a profit, then returning to the U.S. dollar.