USA vs China in Crypto

[Benjamin 84]

On 11/6/2019 at 9:24 PM, Bnance10 said:

Libra was not a DOA—dead on arrival.  In fact, it hasn’t even arrived yet.

Well, the facebook is cancelled the releasing of this coin and many people are disappointed from this, they are making is discussion here about why they are not releasing it, i hope that they will continue to released it and know what is the value of it to the markets.

[Captain Karim 0]

Thank you for sharing this special article, I think that the Facebook's Libra coin faces many difficulties and governmental and international opposition. If this coin is launched, it will have a distinct popular base of more than 1.7 billion people in this world. This is what worries them most.

[Ionescu 115]

I have noticed that USA doesn't like cryptocurrencies and it is against them while China is supporting cryptocurrencies and it is working to create their own crypto projects. 

[George carry 24]

One the movement China is busy in naturally disaster  of crona virus. Now USA can  concentrate on crypto and launch their own project  officially

[Raqeebzy 6456]

cryptocurrency has openly supported at this instant for blockchain technology in part of Asia and it necessarily agency cryptocurreny as they are launching there own crypto currency. On the other offer USA will for all time have a go to carp bitcoin as it's shortest struggle to its USD $$ . If bitcoin gets traditional worldwide it follows that in due course USD $ will free it's magnitude in the humanity & USA won't give permission this happen.
 

[duncun007 3577]

16 minutes ago, Atiqul86 said:

Bitcoin is more used in the US than China at present, but both countries are known to people in addition to cryptocurrenciesThe two countries are growing further but America is ahead of them.

well its more about whois mining bitcoin because we all know most mining companies for bitcoin are in china because the electricity is cheap and the miners are cheap there as well.

[Zezo 306]

The conflict between these two countries affected all matters of life, not just encryption.
But China is always trying to develop this field, and I think the reason for its delay now is the spread of Corona

[SanjidaAkterSanju 69]

USA is much better than China in crypto currency. Because many people of USA is interest on crypto. They follows all the rules of it. But in China they want their own coin. So they are not so much interest on it.           

[Dark_Sky 8489]

I vote for USA, they are quite about crypto but the earnings and mining are good while China is still on improving but both of these countries are excellent when it comes to that. 

[Shaza Ahmad 1682]

Unfortunately, the Libera project was rejected by the US Congress, and it was tightened so that it could not see the light, and their attitude towards the blockchain technique was wobbly.

[guatazoo 7150]

4 minutes ago, Abraham0 said:

USA still don't accept crypto but China making some crytpo which has lots of value. Also China has made the bitcoin. And China economy developing day by day with this crytpo currency

China haven't been that friendly to crypto, but maybe this corona outbreak will make them realize crypto is the best option to recover their economy.

[bitcoin-shark 1928]

the winner of this challenge is obviously china which is introducing its own national virtual currency in these days and then the percentage of people who mine is much greater in china and do not have a company that controls crypto-related activities such as the sec in USA

[nickoman987 1040]

The USA has recently begun very strongly to support the idea of cryptocurrencies, now even zones are being created for creating various projects based on cryptocurrencies. Amazon introduced the payment for cryptocurrency, this is a very serious step for crypto in the United States.

[Jessica Karren 1242]

Crypto technology is more popular in these two countries than any other country in the world. China and USA are the super powers and they know our future lies in crypto. My personal opinion is China is bitt ahead than USA in crypto.

[Calvinpriva 17296]

I think this is a big battle but China will still be the top of USA in crypto currency. Because China has already accept it and they also have their own blockchain. But USA they have not yet accepted crypto and i don't think if their government will accept it.

[harzallah 161]

Wow, you compare the largest countries in digital currencies to me, whatever America does, to reach the level of the workforce in China

[harzallah 161]

17 hours ago, Preadator889 said:

China is very much into crypto currency than USA but there is many technology development on crypto world which arises from the experts in USA but still their government does no want it unless they will be able to manipulate each and every thing carried out on an individual's wallet

Yes, I agree with you. We always see the great country, China, giving great attention to cryptocurrencies unlike America, from which we see the dollar

[Babubu609 0]

On 1/6/2020 at 1:48 PM, dshuy20 said:

Yes and in the future more and more countries will be putting money on the market, which is the trend of the future.

We are putting forward our focused to the market and still keep holding as now is the best time

[teminalibug 309]

Just now, Seline34 said:

Hello, your project is important, but in the field of cryptocurrencies, China is a leading country in this field, and I do not think that the United States will reach the level reached by China.

That is because USA, does not want to go extreme with crypto yet, for their own reasons.

[bulihco12 136]

Okay, it's clear here, every country will pump its coin again and as always compete with each other, because the US and China have long been trying to get ahead of each other

[magd 5231]

China and the United States are two economic powers, but given the cryptocurrency, we find that the largest proportion of currency mining is in China and that some people in American governments reject the cryptographic system. I expect that there will be cooperation between the two countries on cryptography.

[Dmasked 1840]

Crypto does have its isuue with illegal activities but both USA and China are power giants epicenter of crypto world. Crypto currency maybe a threat to the USA's monopoly on global economy but it will also help a lot of people all over the world who donot have access to financial services. USA ,China or both may cook up some ideas to gain advantage and monopoly in crypto currencies too and we will have to wait and see how their actions take course.

[Amir Vao 341]

On 11/6/2019 at 7:24 PM, Bnance10 said:

Libra was not a DOA—dead on arrival.  In fact, it hasn’t even arrived yet.  And it is far from being dead.

I want to offer some reading between the lines here:

The USA gov tends to speak against crypto because BTC is perceived as a threat to the USD long established monopoly.  So, speaking against Libra is just a convenience.  Using any flaw or weakness that FB has as a giant social media is just a good tactic to speak against crypto currency, period.  If you want to use scare tactic, as banks proponents as many are, you only need to throw in a few scary things like Libra may help money launders, terrorists, etc.  But even among US Lawmakers, especially the folks in charge of the appropriate Committee, the intention to help the poor unbanked population actually sounds good, and they said they would continue to investigate Libra.  And that was not a treat.  That is actually more than a promise.  

And then we all saw the Chinese government all gunhos about blockchain new projects after this Libra scrutiny in US Congress.  

If you know the always-fierce competitions between these two Super Powers in all areas of powers, then you should know at least, something is cooking behind the scene about crypto, government crypto, that is on the USA part.  Only on the surface, understandably they would have to publicly speak against Bitcoin and now Libra...

I think USA isn't start step to approve the crypto yet. But one the other side China already banned it and now they are trying to adopt the crypto.

[BrolySSJ 7899]

There seems to be quite a battle here when it comes to the united states of america and china and i think that when it comes to crypto this needs to be resolved in order to be able to develop crypto even further beyond what it is at the moment and i think that the relationship between usa and china is paramount is achieving this. China has taken a huge step forward by choosing to legalize crypto and i hope that the usa does so too in the near future. 

[CryptoMaxim 3829]

Perhaps there are some prohibitions at the government level. But ordinary users in any case work with cryptocurrencies and profit from it. And the government negative actions are depriving yourself of additional revenue.