The United States is a master of setting traps! This time they seem very determined.

The U.S. strongly supports Bitcoin, while China does not support it, does not envy it, and does not follow the trend.

It is about to soar to $100,000 each, with the current Bitcoin price at $98,683.8 each. Moreover, it claims that the final quantity is limited, implying that the price will only rise, and it seems that imagining several hundred thousand dollars for each is not far-fetched.

The U.S. backing Bitcoin may have multiple purposes. On one hand, the rise of Bitcoin can impact the traditional currency system to some extent, serving as a supplement or potential alternative to the U.S. dollar hegemony to maintain its dominant position and influence in the global financial field. On the other hand, the Bitcoin market lacks effective regulation, making it easy for capital to speculate and manipulate, and some financial forces in the U.S. may profit massively from it.

However, China's non-support for Bitcoin is based on various considerations. Bitcoin trading consumes a large amount of energy, and its price is highly volatile, which can easily trigger financial risks and may also be used for illegal transactions, adversely affecting national financial stability and healthy economic development.

In the global financial landscape, countries should formulate appropriate financial policies based on their own national conditions and development needs. For virtual currencies like Bitcoin, one should not only see the surface temptation brought by its skyrocketing price, but should also deeply analyze its potential risks.

What substantive changes do you think Bitcoin's future development will bring to the global financial system?

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Musk said he likes #puppies , does this mean this little puppy might also continue the Musk series of wealth creation myths? Does it mean puppies are likely to become the next $DOGE?

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