BTC is the USD of the crypto world and people are waking up. If the main stream media starts to pick up on the halvening then we will see the boom this year, ( but rona gets all the coverage ) if not in a year I believe. But this black swan event should be in crypto’s favor imo. Let’s wait and see, the vibrations in the market are exciting 🤩
How do you think the launch of the China national blockchain and “cryptocurrency” being launched on June 25th affect the crypto space ( especially bitcoin?)
Currencies are all about confidence. I think the Chinese crypto will have an impact on the USD. As for Bitcoin, I think the effects will be minimal. After all, one still needs to trust the Chinese government since they are still in control. That is why decentralization is so powerful; Bitcoin was made to be trustless.
Ultimately, the publicity could actually bring more people to crypto. As they get use to hearing about it, it won't be so foreign to them.
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I’ve been reading and watching that the old coinbase gang and USDC may be the digital currency of the US. I know the US will not make China take the currency lead so easyly abs are working on something under the radar. Extremely interesting times ahead.
( currently watching a Chinese chick talking about the China coin and the testing going on )
Do you have a link to said video?