We will be Number 1 , China May be next- Donald Trump

[qurbanshah02]

Those are two strong economy's in competition with each other so what do you expect him to say, I bet the Chinese president would also put his country first by making similar claims concerning being the best, bur I doubt Trump claims about China and doing great in crypto and investing in Bitcoin cause of the bans they keep imposing on it.
 Well I don't know the close door meeting he had with them that would warrant him to say such, but change is constant though and maybe the Chinese government is open to it too. Well let's see how it goes, but if Trump is serious about the reserve they should buy more and add to the seized Bitcoins they're holding as reserve.

There is equality in everything in these two countries, but because of crypto in both, it brings a difference in their thinking and economy. Because Trump has a lot of Bitcoin, he is improving it in his country for this reason and besides that, China is only improving itself with gold and other minerals. I had said before that if China accepts this, I think the relationship between the two can improve a lot and besides that, China will have an opportunity to improve itself. These rulers provide convenience to their people and create prosperity in their country. If China insists on it, it will definitely accept it because right now it is not putting itself in it due to pressure from America or being under their control.

[AirtelBuzz]

When Trump said that, it was simply to provoke speculation. He's a businessman, after all, he didn't say it simply to please the public, but rather to create a psychological effect in the market, which would ultimately benefit him.

Everything he said was just empty words. I simply wouldn't believe anything he said because there's no guarantee it would actually happen.

I still believe that Trump's words cannot be completely dismissed, because he may have warned through his statement mentioned here that if China increases its involvement in Bitcoin and other digital assets, this country's leadership in the global crypto market could automatically be threatened. Of course they are still leading the field because they have confiscated a large amount of Bitcoin but we want them to buy through strategic reserves and see such actions from them. By the way, @macson how much in-depth analysis can you say that the comment in question was made to create a psychological effect on the market.

It is true that they can collect as much Bitcoin as they want, but they have focused on confiscations to increase their holdings, which you may have noticed a few days ago. The point is that they want to be the world leader in crypto, in fact they are in the right place now Because they don't want China to progress too much through this digital gold, the US is now at the top in digital gold ownership, and they want to continue that way which has become their main purpose.

President Donald Trump has warned that China’s growing involvement in Bitcoin and other digital assets could threaten America’s lead in the global cryptocurrency market, affirming that the United States “must stay number one” in the rapidly expanding sector. Speaking during CBS '60 Minutes' interview, Trump described cryptocurrency as a "massive industry" that has become central to global technological competition.

[Danica22]

There was a hint in an interview given by Donald Trump in which he expressed some hints that his country, the United States, will be the first country in the world to hold the highest number of Bitcoin reserves.

He said China is going to do something big in crypto, directly alluding to China's investment in Bitcoin.  While China has been imposing restrictions on Bitcoin as usual, such positive comments from Donald Trump are taking some kind of direction regarding Chinese investment.

https://x.com/BitcoinMagazine/status/1985284706615582753?t=cEWanFYMX-ITG0TJtKs92A&s=19

The something big china preparing is probably yuan stablecoin. I don't believe china gonna buy bitcoin though, they've been against it for a long time why should their stance change.

But if somehow they defy my expectation and do that, it's another big news for bitcoin that could help reaching another all time high.

Yes, after they have successfully tested the CBDC and officially rolled it out domestically. China's next goal is to issue a stablecoin RMB pegged to the renminbi and marketed primarily for use outside of China. Their goal is to compete directly with USD-pegged stablecoins to curb the growing dominance of the USD globally.

While I don't like China banning bitcoin, the truth is they have no reason to buy it at this point. After all, bitcoin is called digital gold but it is not gold and has not reached that level yet. So don't expect them to care and need it.

By the way, people should be awake and aware that the US also only uses confiscated bitcoins to hold, they never buy it. This also means the US doesn't really believe in bitcoin as much as they say. We are too naive and too gullible to believe what they say.

[Mahiyammahi]

There was a hint in an interview given by Donald Trump in which he expressed some hints that his country, the United States, will be the first country in the world to hold the highest number of Bitcoin reserves.

He said China is going to do something big in crypto, directly alluding to China's investment in Bitcoin.  While China has been imposing restrictions on Bitcoin as usual, such positive comments from Donald Trump are taking some kind of direction regarding Chinese investment.

https://x.com/BitcoinMagazine/status/1985284706615582753?t=cEWanFYMX-ITG0TJtKs92A&s=19

It seems that China and Russia are paying more attention to traditional gold than Bitcoin. And how many people are buying gold, while buying Bitcoin is demotivating. Donald Trump has said so many things since the beginning of the election. To me, it seems like nothing more than madness now, one day he says there are tariffs and the next day he says no. It's like he's playing a game with the market. After Donald Trump was elected, I thought the economy would stabilize, but now it seems that not only the crypto market but also the stock market is going up and down.

[nemesis_incarnate]

^ Politicians never say what they are going to do - only what they intend to do. We shouldn't be too confident in what they say, whoever it may be.

[Marvell1]

It seems that China and Russia are paying more attention to traditional gold than Bitcoin. And how many people are buying gold, while buying Bitcoin is demotivating.

Not only Russia and China, the whole world is paying more attention to gold than ever.

Most countries only accumulate gold and silver, tangible assets with a long history. No country is really paying attention to bitcoin as we would expect.

Donald Trump has said so many things since the beginning of the election. To me, it seems like nothing more than madness now, one day he says there are tariffs and the next day he says no. It's like he's playing a game with the market.

He has been talking about the US becoming a crypto powerhouse and hub since the election until now. But the funny thing is he keeps repeating the same things every time he is asked while his government does nothing to show they are serious about this issue.

After Donald Trump was elected, I thought the economy would stabilize, but now it seems that not only the crypto market but also the stock market is going up and down.

Undeniably, I have to admit that I also think if Trump is elected, the market will be more vibrant and positive. But in the end, what he brought was chaos and a series of economic and market instability.

[henry_of_skalitz]

It seems that China and Russia are paying more attention to traditional gold than Bitcoin. And how many people are buying gold, while buying Bitcoin is demotivating.

Not only Russia and China, the whole world is paying more attention to gold than ever.

Most countries only accumulate gold and silver, tangible assets with a long history. No country is really paying attention to bitcoin as we would expect.

Donald Trump has said so many things since the beginning of the election. To me, it seems like nothing more than madness now, one day he says there are tariffs and the next day he says no. It's like he's playing a game with the market.

He has been talking about the US becoming a crypto powerhouse and hub since the election until now. But the funny thing is he keeps repeating the same things every time he is asked while his government does nothing to show they are serious about this issue.

After Donald Trump was elected, I thought the economy would stabilize, but now it seems that not only the crypto market but also the stock market is going up and down.

Undeniably, I have to admit that I also think if Trump is elected, the market will be more vibrant and positive. But in the end, what he brought was chaos and a series of economic and market instability.

Is this an issue for them, though?

They want the prestige from it and not go the CBDCs route like many others on the march, that's all to it for me.

Trump will do everything he needs for his own gain or for the gain of the prestige when he sees it as the most advantageous moment, before that, there may be dips, spikes, tariff wars and any other shenanigans that we saw already, and many more.

[lizarder]

There was a hint in an interview given by Donald Trump in which he expressed some hints that his country, the United States, will be the first country in the world to hold the highest number of Bitcoin reserves.

He said China is going to do something big in crypto, directly alluding to China's investment in Bitcoin.  While China has been imposing restrictions on Bitcoin as usual, such positive comments from Donald Trump are taking some kind of direction regarding Chinese investment.

Too much drama happened under Donald Trump's leadership and they hinted at the largest bitcoin reserves in any way but what was done was nothing more than a confiscation process. We are starting to lose trust in leaders who talk too much and even the threat of interest rates made to China has not been resolved properly and on the contrary, China itself is still standing very strong as a country that dares to oppose Donald Trump's policies.

China does not follow anyone's policies and they are much smarter in determining their attitude regarding their country's journey. The efforts made by China are also much more coordinated so that we can see how the country's economy has developed in recent years and they are much better prepared to compete in many aspects, starting from global trade, infrastructure and national food security.

[VirDolorum]

I wonder what China can do compare to Trump donations to citizens: https://btcusa.com/trumps-2000-tariff-dividend-could-come-via-tax-cuts-says-treasury-secretary
I guess if China officially unban crypto it'll be HUGE though

[nemesis_incarnate]

^ Their shadow activity is big enough already, but, yeah, it may become even bigger that way, which would be nice for the space overall.

[DiMarxist]

Too much drama happened under Donald Trump's leadership and they hinted at the largest bitcoin reserves in any way but what was done was nothing more than a confiscation process.

The whole situation with Trump's leadership and the Bitcoin reserves was super shady. It felt like they were just trying to flex their muscles and take control of something they did not fully understand, and the way they went about it was like a actually not the right way, without any real plan or consideration for the implications.

China does not follow anyone's policies and they are much smarter in determining their attitude regarding their country's journey.

China approach to global politics and economics is really interesting, and they have managed to carve out their own path, unapologetically pursuing their own interests. It is actually admirable how they are not swayed by external pressures or opinions, instead focusing on their own growth and development.

[red4slash]

By the way, people should be awake and aware that the US also only uses confiscated bitcoins to hold, they never buy it. This also means the US doesn't really believe in bitcoin as much as they say. We are too naive and too gullible to believe what they say.

What I feel right now is that we shouldn't completely trust what the government says including regarding Bitcoin because ultimately what they say now could be different in the future. So, we shouldn't be too complacent with their initiatives.

This could indeed be a positive momentum, especially if we can capitalize on it. But of course we shouldn't be too complacent; we must remain prepared for all possible outcomes.
The current government is simply trying to appear welcoming and exploit this situation at any time. I don't think this is the first time especially when talking about a major country.
China has implemented its own standards for Bitcoin including legalization, several times and the US may also be open to this possibility especially when it comes to linking this to its touted reserves. We're certainly aware that even if Trump sells their reserves they won't suffer any losses because their reserves are looted from crime.

[lizarder]

The whole situation with Trump's leadership and the Bitcoin reserves was super shady. It felt like they were just trying to flex their muscles and take control of something they did not fully understand, and the way they went about it was like a actually not the right way, without any real plan or consideration for the implications.

This clearly influences the attitude of someone affiliated with the left, and perhaps Trump's leadership is considered quite authoritarian in the policies he makes. Furthermore, I don't know how his leadership system is structured because we don't live there and perhaps we've only read glimpses of online news. This is somewhat questionable, as their Bitcoin holdings stem from confiscation, making it unlikely they were actually used as strategic reserves by purchasing them. However, this is just my assumption, as we can never truly know the truth of the situation.

China approach to global politics and economics is really interesting, and they have managed to carve out their own path, unapologetically pursuing their own interests. It is actually admirable how they are not swayed by external pressures or opinions, instead focusing on their own growth and development.

Developing countries need leaders like this because decisiveness, innovation, a clearer vision and mission, and the courage to take a stand on beneficial policies will make a country more advanced. China is quite developed in many ways and now they are able to stand alone because the economic power they have is quite strong and they are even able to pose a threat to other countries that try to interfere.

[BALIK]

It seems that China and Russia are paying more attention to traditional gold than Bitcoin. And how many people are buying gold, while buying Bitcoin is demotivating.

That's because we've placed too much hope in bitcoin, in its price and in the belief that it will soon rival gold and become a national reserve asset. But in reality, bitcoin is still just a speculative asset, it is not a safe haven but we are too stubborn and do not want to accept that fact.

Donald Trump has said so many things since the beginning of the election. To me, it seems like nothing more than madness now, one day he says there are tariffs and the next day he says no. It's like he's playing a game with the market. After Donald Trump was elected, I thought the economy would stabilize, but now it seems that not only the crypto market but also the stock market is going up and down.

Likewise, we were so eager to see bitcoin hit $200,000, $500,000 and become a national reserve, so we hastily believed what Trump said. I wouldn't be surprised if he keeps saying these things until his term ends and we have no real bitcoin reserves.

[FortuneFollower]

It seems that China and Russia are paying more attention to traditional gold than Bitcoin. And how many people are buying gold, while buying Bitcoin is demotivating.

That's because we've placed too much hope in bitcoin, in its price and in the belief that it will soon rival gold and become a national reserve asset. But in reality, bitcoin is still just a speculative asset, it is not a safe haven but we are too stubborn and do not want to accept that fact.

Entities like govs and such will surely put more on gold than on something like BTC.

It's natural and makes sense from their perspective - who was there for them all these hundreds of years, BTC or gold?

[Doll2233]

It seems that China and Russia are paying more attention to traditional gold than Bitcoin. And how many people are buying gold, while buying Bitcoin is demotivating.

That's because we've placed too much hope in bitcoin, in its price and in the belief that it will soon rival gold and become a national reserve asset. But in reality, bitcoin is still just a speculative asset, it is not a safe haven but we are too stubborn and do not want to accept that fact.

Entities like govs and such will surely put more on gold than on something like BTC.

It's natural and makes sense from their perspective - who was there for them all these hundreds of years, BTC or gold?

I think Donald want to promote BTC because he has good investment in Bitcoin and he want to big pump in that market, we saw in that time when he was selected as president of United States of America. USA government want to make more money and we also saw that China is advanced country and they want to make more money in less time and they want to give permission to the citizenship for doing trades . Now , World is very fast and young people want to earn money online and they are tired to work for company and they are giving time to learn from the market. China will invest more in cryptocurrency because government taught many  things about that market because that is future of World and they will top most country of that World of they will invest more in that and will give awareness to people about that.