Who will finally win the Blockchain competition; USA or China?

[Weecoinofficial]

Who will finally be the Blockchain Leader in the world; USA or China?

[1714023284]

1714023284

[greeklogos]

Both of countries are going really close by development, I guess the taxation war which is going on between net will just move Blockchain adoption in each of them. But I bet on China, they are more intelligent and not so aggressive like the states.

[mensahkkofie]

I don't think this "competition" would be easily be described. Both nations are doing great in their various endeavours. I think blockchain technology has really evolved and I don't think there exist any competition between these two nations. All I can see is great success at the end of the day for all crypto enthusiasts.

[Rozita]

When we are talking about products like car, mobile phone, television, etc. we can discuss which country has a bigger market. But blockchain and bitcoin are completely different. No country is the owner of a cryptocurrency. So, there is no competition between United States and China.

[proTECH77]

Seen the two country many years ago on issues that bother on technology and innovation, USA has always take the lead when such arises, though China has the man power but issues concerning Blockchain must be view with a wider scope which the USA are currently adopting to make it acceptable by all compare to China, so, i give it to USA..

[zolfa]

I think China will win, they are very greedy and never satisfied. China controls bitcoin volatility, I think China is the country that makes bitcoin reach $ 20K at the end of 2017.

but, beside that, scams and FUDs also came from China.

[dablatair]

Hello,

These two countries have huge impact on crypto. They are head of R&D and spend big budget in innovation area. But finally when you look at the number of citizens and workers, access to energy, government support... China has a little advance and will keep it.

[boyptc]

Why there's a need for competition? I know competitions are seriously going to give exposure for those who'll win but in technology it appears that these two are just following each other.

[pisa123]

       We cannot predict what will happen with the competition with China and USA .If talking about any other products we can calculate which one is having the biggest market but it is not in the case of blockchain since it does not belong to any country .So according to my opinion there will not be a competition with these two countries for there is no owners on Bitcoin or blockchain .

[Harvey-Connan]

Whaat do you mean about the concept of winning in the blockchain, It is too hard to say which country will win, as people have the same right to use it , and who take advantage  effectively , recieving more profit

[Marbelli]

I am sure that China will win in that battle because they are very interested in this technology and do a lot of things to make it progress.

[cryptohunter]

Japan

[figmentofmyass]

Why there's a need for competition? I know competitions are seriously going to give exposure for those who'll win but in technology it appears that these two are just following each other.

all the nation-states are in competition. that's what geopolitics is all about---it's a zero sum game where a competitor's economic (or military) advantages = a disadvantage for you.

a very important characteristic of modern capitalism is corporate consolidation. market share is generally more important than profitability. this is why the "first mover advantage" can be so important in markets. it's a very dangerous time for governments to actively stymy innovation in a nascent industry that may have massive implications for the future of finance.

i believe this inherent competition among nation-states to capture market share for their industries (and therefore economic growth and prosperity for their nations) is what protects bitcoin and cryptocurrency for being prohibited and persecuted by world governments.

if you're a company in the crypto space, are you gonna set up operations where you might be shut down and imprisoned, or where the tax policies are favorable?

[aryaadikariyansyahsuwarto]

both countries are a great country in my opinion, America is a developed country located outside Asia, while China is now starting to become a developed country, due to its strict leader in criminal cases, so that the economy of the country becomes good. I think the two countries deserve to be called the country with the most bitcoin enthusiasts and deserve to win the blockchain competition

[thuat86]

Who will finally win the Blockchain competition; USA or China?

For centery, US has been the technology leader of the world. China has got rapid growth recent years but needs more decades to be as advanced as US. Especially, except Bitcoin and Ethereum, the best public blockchain networks are form US, not China

[crwth]

We could say that it could be a different country aside from the two. From my perspective, the first country to develop a blockchain based system, whether it's for data of information, transactions, etc. from the government, as long as it's incorruptible. The primary purpose that countries should do is to prevent corruption from their own government, no more self-gains, always for the country. I think that's what is important.

Depending also on what is going to be the technology that is going to be applied, if it has real-life applications, it doesn't matter. I think the blockchain technology has a lot of real-life uses, not just being a currency and other stuff.

[Rituvohra01]

It is very difficult to explain who will win the Blockchain competition because the competition is very hard. Both are developed countries.

[Olalomi]

I believed china will have an edge over USA based on the fact that there are many users and adopter of cryptos in Asian continents thus this will ensure rapid development of blockchain technology although the US too will deploy every means to ensure that this technology is well nurtured and adopted being a world power.

[target]

Japan

I bet on this one here. They are up to take advantage whichever comes out, they do have a platform we can consider theirs because of ADA. And their government are already accepting cryptocurrency ahead than those countries who are still in the process of discussing regulations. Asia is where China and that means it could win due to where the BTC mining companies reside.

[Michael_Cox]

Why there's a need for competition? I know competitions are seriously going to give exposure for those who'll win but in technology it appears that these two are just following each other.

I think this stems from China saying they will take over the AI game from the US. Two countries battling it out with technology, and now they're on to blockchain. Honestly, with China's budget reserved for artificial intelligence, they just might "win" the competition, but I won't disregard US just yet. Also, why can't China take care of Asia and the United States will take care of North and South America and MAYBE Europe, too, right? I can see it's possible.