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[aryan4]

Kevin McCarthy, the Minority Leader in the House of Representatives, made statements about Bitcoin and addressed US officials. In some of her statements, she also included the relations between China and Bitcoin.

Here are some of their explanations:
---"Bitcoin is moving towards the future and cannot be ignored. Politicians and regulators are starting to realize what this means. This issue is extremely important because China is moving forward. " ---
--- "China may be using Bitcoin as a financial weapon against the United States. We have to think about this topic. Bitcoin threatens fiat currencies, especially the US dollar. " ---

What do you think of these interesting explanations?

 

[Josemendez]

Kevin McCarthy, the Minority Leader in the House of Representatives, made statements about Bitcoin and addressed US officials. In some of her statements, she also included the relations between China and Bitcoin.

Here are some of their explanations:
---"Bitcoin is moving towards the future and cannot be ignored. Politicians and regulators are starting to realize what this means. This issue is extremely important because China is moving forward. " ---
--- "China may be using Bitcoin as a financial weapon against the United States. We have to think about this topic. Bitcoin threatens fiat currencies, especially the US dollar. " ---

What do you think of these interesting explanations?

Well , I don't really see how Bitcoin threatens US dollar , however I believe that almost every investors somewhat use their country's fist currency for investment.

 

[Niftyicon]

In almost those exact same words, a YouTuber was explaining the need for the US to level up more where bitcoin is concerned because of China. I also think it is time to come out of ignorance and embrace bitcoin fully.

 

[Wisdom01]

I think China are creating and developing more mining community and others to help their economy , but i don't see bitcoin threatening the us dollar. It only save the dollar from inflation during the pandemic