US idea to counter China attack with bitcoin

[Silberman]

Anthony Pompliano has said that if the United States does not accept bitcoin and does not legalize it, the US dollar will fall and lose its value.
As you know, China has been able to be one of the major shareholders of Bitcoin by mining bitcoin, and in this way it wants to go to war with the US dollar. I have even heard that China has started mining bitcoin in other countries as well.
What do you know about this?
Source and continuation of this news:https://cointelegraph.com/news/us-must-embrace-bitcoin-to-counter-chinese-financial-attack-pomp

This is too dramatic, however as we know the US and China have a rivalry that is extending to every single aspect of their relationship and bitcoin is without a doubt an economic factor that cannot be ignored anymore, if the US takes measures that are too harsh against it then there is no doubt in my mind that we are going to see China taking the spotlight and this can be dangerous to them as it is the equivalent of ignoring the Internet right before it became mainstream.

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[Wind_FURY]

I agree with Pompliano. The US must adopt bitcoin because the US dollar may lose its lead. As is normal it is a concern for any crypto enthusiast in the United States.

What? How would Bitcoin improve the United States’ GDP for a stronger Dollar?

China has long experience with Bitcoin and has been in the mining business for years. If China takes control by adopting it, China will have everything going for her, the miners, and the bitcoins.

The main reason why most of the mining farms are located in China is because of cheap electricity, and the laws and regulations are more permitting, not because it has state support or it’s state-sponsored. Although state-sponsored mining farms will be a possbility.

[hector3115]

It's time for the US to create its own digital currency or fully support BTC so that it can fight the digital yuan.

[bobyhodob]

I don't really care between the war between these two countries because it's not my business and I also don't want to interfere too much with these big countries because they have the principle of living a peaceful life

[Om.monata]

Not really sure who started all of this, China vs US and bitcoin in the middle as a tool to destabilised or at least used as a financial weapon by the Chinese to threaten US Dollar. And then now Pomp coming up with the 'solution', which for me is such a good counter that US government should look into it. But in any case, we all know that bitcoin can't be controlled not by powerful countries such as China and the US.

this is purely an economic war strategy between the US and China, I think they use bitcoin because you are a certain factor, they think that crypto can beat each other. And their choice is bitcoin, so I think this is not pure crypto trading but a digital economic war

[Republikcoin.com]

I don't really care between the war between these two countries because it's not my business and I also don't want to interfere too much with these big countries because they have the principle of living a peaceful life

You are not affected by anything from the economic battle between these two countries directly, but you will be affected indirectly through several subjects and objects, for example, is the policy carried out by the government in your country, which is most likely the impact of the US-China struggle.
The news and information presented about the US and China could change the policies of countries that have cooperative relations with the US or China. That way, as a good citizen, you will follow the applicable regulations so that your business can still run and survive

[elisabetheva]

I don't really care between the war between these two countries because it's not my business and I also don't want to interfere too much with these big countries because they have the principle of living a peaceful life

things that are commonplace happen in any role, especially in terms of sharing something with the aim of advancing the economy of their country. there will always be intervening with each other, others just see this is a simulation they are doing to show the strength and ability of their country.

I am just like you, whatever happens to these two big countries will not have an impact if they themselves only throw their opinions. all need peace to move the economy so there is no need for this to always be a material to be exaggerated

[electronicash]

this theory comes up when someone said that china is weaponizing BTC against USD. anything that will weaken USD i guess will be supported by China but it seems far fetch since BTC is also a threat to China's Digital Yuan. all fiat money is threatened by BTC that is about to dominate. if the US is going to use BTC to attack China, US would have to adopt BTC.

I don't really care between the war between these two countries because it's not my business and I also don't want to interfere too much with these big countries because they have the principle of living a peaceful life

things that are commonplace happen in any role, especially in terms of sharing something with the aim of advancing the economy of their country. there will always be intervening with each other, others just see this is a simulation they are doing to show the strength and ability of their country.

I am just like you, whatever happens to these two big countries will not have an impact if they themselves only throw their opinions. all need peace to move the economy so there is no need for this to always be a material to be exaggerated

thousands of years ago in the time of Genghis Khan, China had already experienced devaluing their paper money as well just as what US is experiencing right now and it all ends up in war. hopefully if one will not engage. there won't be war.

[Wawa2013]

How can the US counter China using Bitcoin, because as we know Bitcoin cannot be controlled by any country. I'm not sure the US will use Bitcoin
to attack China, but it is really interesting to see the two big nations fight. Both have an obsession with being the strongest country that wants to
dominate the global economy. I hope that the competition between the two countries will not have a negative effect on Bitcoin. Because all I care
about is the future of Bitcoin, I don't mind who will be the winner between China and the US.

[veznata]

the best way to gain some advantage with Bitcoin is to fully adopt it and accept it as a payment method equal to USD. As far as I know China is more restrictive about bitcoin which is not good for China since bitcoin marketcap is growing day by day and soon it can reach 10 trillions and continue climbing. so if USA let people to prove their bitcoins and use it in USA (NOT only for their citizens) to buy real estate and put this money in their economy I think this will be some edge over China. By the way I am not from any of these countries but from Eastern Europe.

[Silberman]

It's time for the US to create its own digital currency or fully support BTC so that it can fight the digital yuan.

The first suggestion that you bring is going to definitely happen, the United States is going to create their own digital cryptocurrency, however most likely it is going to be created with all kind of backdoors that is going to allow the government to do whatever they want with their currency, tell me is that a currency that you want to use? Even stable coins will be a better deal, about your second point that is very doubtful, the US dollar is already the most powerful currency around the world and once any government reaches that kind of dominance what they want more than anything is to not lose it and bitcoin is a threat to it.

[Rasel5209]

Anthony Pompliano has said that if the United States does not accept bitcoin and does not legalize it, the US dollar will fall and lose its value.
As you know, China has been able to be one of the major shareholders of Bitcoin by mining bitcoin, and in this way it wants to go to war with the US dollar. I have even heard that China has started mining bitcoin in other countries as well.
What do you know about this?
Source and continuation of this news:https://cointelegraph.com/news/us-must-embrace-bitcoin-to-counter-chinese-financial-attack-pomp

It's possible if you saw today world problem. Today China take major control in bitcoin market. If you study 2018 crypto market you saw China banned bitcoin at this time bitcoin price fall down.

[jerrison]

the idea of USA and China did not start today as loads of things have been hidden, things like trade wars and co and then it hovers around every challenge China has with the US. but let it be known that China has more control over the Bitcoin network as they happen to have enough percentage of the mining pool situated there.

[crwth]

This will be "IF" the US doesn't legalize or accept BTC. I don't think it wouldn't matter much if the US doesn't have the lead role on it, as long as they are trying to apply and accept that it is the future. If the US wants to stay on top of the financial aspect and blockchain adoption, they need to do it right now. The leaders there have probably other things in mind than this but it's what's happening.

[giantrobot]

China is competing with the United States in the financial race. That is Bitcoin competition. Bitcoin is considered a Chinese strategic financial weapon before the US, because it has the ability to threaten the identifiers, and especially threatens the dollar. Peter Thien billionaire, Paypal co-founder was also feared for that. Do we wait to see what will happen? Does China overcome the US in the financial race?

[gabriela1999]

Bitcoin is still a hidden number. Nothing can not speak anything. And there is no one if China holds many Bitcoin, China will be able to weaken the dollar. The current USD is still the main transaction currency of the whole world.