Vice President Vance said that China does not like Bitcoin, and Americans "should ask themselves why their country's biggest competitor is so opposed to Bitcoin." He believed that if China "is distancing itself from Bitcoin," then the United States "should actively embrace Bitcoin." Vance did not answer this question, but he clearly defined Bitcoin as a "geopolitical weapon," and the U.S. should choose to use it, hoping for a "Bitcoin hegemony" to replace the fragile "dollar hegemony," thus maintaining its financial dominance. The Trump administration hopes the entire world will follow its lead in playing with Bitcoin, but China clearly does not want to play along with the U.S. The two countries are not on the same field; China is unwilling to jump into the "trap" set by the U.S. Let us ask: Why doesn't the U.S. sell its gold or revalue its gold reserves to buy Bitcoin? If other countries also do not follow suit, the U.S. would only be left playing alone, eventually becoming a true "lonely figure."
Original: toutiao.com/article/1851447524737024/
Statement: This article represents the personal views of the author.