Between America and Russia in Bitcoin: The Race for Digital Dominance $BTC
Cryptocurrencies such as Bitcoin have become a new arena for competition between the United States and Russia, as both powers seek to strengthen their position in the global financial system.
The United States: Regulation to enhance dominance
America seeks to control the digital currency market through financial institutions and strict regulations, in addition to attracting Bitcoin mining investments in states with low-cost energy. It is also working to develop centralized digital currencies (CBDC) to enhance the role of the dollar globally.
Russia: A tool to bypass sanctions
Russia sees Bitcoin as a strategic means to confront Western economic sanctions. It has encouraged digital currency mining, exploiting its cheap energy resources, and used it to enhance trade with countries subject to similar sanctions.
Divergent goals and ongoing conflict
While America aims to strengthen the traditional financial system through digital currencies, Russia seeks to break this system and create a multipolar global economy.
The future remains open, as the results of this competition will determine the role of digital currencies in shaping the future global economy.
