US vs China | Bitcoin Mining Leader
The sudden crackdown has largely been driven by the inherently speculative nature of cryptocurrencies and the Chinese Communist Party's (CCP) extreme aversion to risk—or anything outside its control. ... While most crypto mining operations in China could be considered legal grey areas.
Although some countries, including India, are considering banning Bitcoin, an outright ban in the United States is unlikely. ... An attempt to curb Bitcoin's growth might also slow economic growth in the U.S., and could threaten the status of the dollar as the world's reserve currency.
Although some countries, including India, are considering banning Bitcoin, an outright ban in the United States is unlikely. ... An attempt to curb Bitcoin's growth might also slow economic growth in the U.S., and could threaten the status of the dollar as the world's reserve currency.
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