USA vs China in Crypto

[Upright 2688]

The USA and China will always kind if have their overall disputes, either by phone economic power as basically if seeing in the issue here on Crypto, basically I think as from most surveys the China holds the strong hold of most Bitcoin economy as far as most miners are still in China

[Ayush Singh 1175]

It's the right thought of the US government to protect their local currency with Crypto currency it is very important because cryptocurrency is very easiest way of earning so people will tend towards it very fastly and the local currency of the country will get spoil so it is also necessary to take some precautions and measures for or a limited advantages.

[Rezort 846]

Well, China banned cryptocurrencies years ago and the government of this country does not really want crypto to develop as I see it, while in US the situation is not much better.

[iloveyobit 6599]

You are right to say that there is something cooking behind the scenes. I don’t know about China, but I know very well that America has a significant reserve of Bitcoin.

[malik6314193 5449]

In one view government is right. We all knows that people can use it easily to transfer money internationally . So it kead to illegal use of money. That is the reason why governments of many countries not accepting crypto currencies.

[Saifchy 94]

USA vs China it would be a very interesting competition according to me.Both countrys are very powerful by there economical ground. I want to see who will win. 

[Crypto123 0]

On 4/22/2020 at 10:53 AM, BrolySSJ said:

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. 

In fact, there is a huge hidden war between the United States and China in all economic fields, and the cryptocurrency is part of it. China has started the implementation of its first digital currency and I hope that this burning war between the United States and China will push the United States to take a step similar to and competitive with China's step.

[pablomarwan 3082]

These two superpowers in this field have competition between them, but it is not visible only a trade and economic war and that is for the sake of each one of them creating its best encryption. The United States has been known for a long time that it wants to fight bitcoin due to several reasons
They are not monopolized by them, and they are considered a threat to them

[Zaino34 0]

There is a continuous disparity between these two countries and their decisions about coding. Until now, the governments of these two countries have not announced anything official regarding the legitimacy of using bitcoin, perhaps in the future these countries will recognize coding as new currencies for use.

[jamesvince 2389]

in both countries crypto currencies market has legal tender market. I think china has more investment holders in crypto market then USA because USA takes tax on the revenue generated by the crypto investors. And still Chinese government not takes this regulations steps. 

[Zues 1069]

4 hours ago, Saifchy said:

USA vs China it would be a very interesting competition according to me.Both countrys are very powerful by there economical ground. I want to see who will win. 

Yes ai think that you are right but I think that it is not great considering two large countries are getting in bad terms with cryptocurrency so it wil be hard for cryptocurrency and I think that it is bad because it will be hard for them to get support. 

[Whited35 15285]

On 11/7/2019 at 9:13 AM, kjames said:

united states are very positive about crypto compare to china. because china dont have any crypto atms. but us has more than thousand.

Are you sure what are you talking here ? I think both countries are working into it. Most of the cryptocurrency mining farms are still in China. There are some really impressive projects coming from China. I think USA and China both will have the huge roles and impacts in the crypto world. 

[George10 9932]

I think USA is doing fine in terms of cryptocurrency as compared to China because USA is believed to have the highest number of crypto ATMs and this demonstrates that it has taken a great move towards this technology than China that wants to create it's own crypto coin.

Edited May 15, 2020 by George10
adding some infor.

[Zalaks007 543]

USA and China are the two world most influential cryptocurrency users. They both accept and legalise the use of crypto in their country and also trying to create their own crypto tokens.

[CryptoLover21 0]

Both countries are moving rapidly ahead in the crypto world both are having hidden rivalry. Both countries want to have their own cryptocurrency which is good. But we can see the chinese people are ahead in the crypto world and compare to USA, china have more numbers of miners.

[TimopheyKa 3900]

I heard that the scales were canceled, and we can't get them! But the main thing is that the cryptocurrency remains relevant, as well as legal in many countries, which is really cool!

[Abdul41x 0]

I know USA will never allow bitcoin to be international currency where different countries will trade with bitcoin because it will be a bigest threat to US dollar because this will result to collapse their economy.

[Mwangi 5611]

This country US is very dynamic and I think there is a way people rule by being a super power, and this I mean with everything, the right idea of it is to really look at what is happening , the  idea of a country that speaks and the whole world listens, who would want to lose that , and who wouldn't want that and thats why I think all this are going to happen so its important to really be sure of everything we are about to do when working in this place

[Moaz 7239]

There is always fierce competition between USA and China in the areas of the global economy, including the field of crypto, and I completely agree with you that USA takes a negative stance on Bitcoin because it is seen as a direct threat to the US dollar and therefore the government seeks  America to control cryptocurrencies and limit their impact on the US economy and the dollar

[Guru2050 8284]

Both are advance countries, with a very  powerful and strong economy plus security. These two countries are too important to Crypto world and for easily promoting Crypto currencies system to a greater heights. Most of countries look forward to these two countries for accepting and implementing the used of the system, if China and USA government are fully in to the system.

[percare 3192]

Right now Libra seem to be dead as no govnerment allows it and perhaps the only way zuckenberg can make this work is using it as a token inside facebook only and nowhere else. There is no backing for Libra and many of the companies that were together have left it. The europe, china and even the united states have many disagreements with Libra and will not allow it.

[Omar Ommeish 4872]

On 11/7/2019 at 12:42 AM, Congli18 said:

maybe this is very interesting for people who are fans of the crypto world, the US and China have very good strategies in the Crypto world that we cannot know, so we are waiting for who will win the US vs. China

In addition, the competition between the two countries will stimulate serious work in the world of cryptography in each country, and this will increase the value of cryptocurrencies and increase their popularity.

[Honny143 13612]

China and USA both are strong economy and competitor's for superpower country, these countries impact really huge to crypto China always have positive opinion against crypto, China gives benifits their crypto users to mine bitcoins, previous USA President Donald trump gives negative reaction, but finally few months back they also regulate crypto in their country, its really good news for crypto to spread in more countries.

[Maaz sultan 265]

On 1/5/2020 at 10:32 AM, Soaib khan said:

both is good countries for crypto currency but usa more developed country in digital currency but also china is good country for crypto

Agree but china is the head of crypto currencies and for the libra its not a currency fault to money laundering from any country and usa thinks that they stop these digital currencies but they dont .

[khan22 3478]

USA and China both are the strong countries in the world and these are the best for investment becasue now china and usa is going to be invest in the crypto market in short time and this is true becasue soon the crypto is going to be legal in all over the world.