Bitcoin as a Weapon: How US and China’s Holdings Could Reshape the World’s Economy
Though it does not reveal identities, Bitcoin’s blockchain offers total transparency in every transaction. As two powerful players in the world’s cryptocurrency scene, the US and China have had different policies that have affected price movement for Bitcoin and still affect its path. Focusing mainly on the amount of Bitcoin access held by China and
Bradley Nelson3 min read
Though it does not reveal identities, Bitcoin’s blockchain offers total transparency in every transaction. As two powerful players in the world’s cryptocurrency scene, the US and China have had different policies that have affected price movement for Bitcoin and still affect its path.
Focusing mainly on the amount of Bitcoin access held by China and the United States, this guide analyzes how federal laws on Bitcoin and managing digital assets shape the world’s financial strategy.
Unlike conventional assets, Bitcoin is not generated or kept by a central bank. A nation’s Bitcoin holdings could be directly government-held, owned by state-run organizations, or indirectly held via companies based in that nation.
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