Zhao Changpeng's remarks have sparked heated discussions in the global financial circle: Will China secretly hoard Bitcoin?
Recently, the statements made by Binance CEO Zhao Changpeng have caused a stir in the global financial community. He first revealed that China's cryptocurrency trading volume accounts for over 30% of the global total, a figure that undoubtedly highlights China's significant position in the global cryptocurrency market.
Following this, Zhao Changpeng made a shocking statement, indicating that if the United States could prevent China from having gold reserves, then China would certainly choose to establish its own Bitcoin reserves, an inevitable trend. This remark immediately attracted widespread attention and discussion in the market.
Considering China's leading position in the global central bank digital currency alliance and the fact that 109 countries have already joined this alliance, Zhao Changpeng's comments seem to be far from baseless. If China indeed starts to buy a large amount of Bitcoin, it will undoubtedly have far-reaching effects on the global financial market.
However, Zhao Changpeng did not stop there; he further predicted that China might choose to secretly hoard a large amount of Bitcoin, waiting for the right moment to suddenly announce this news. This strategy not only aligns with China's consistent low-key style but may also bring greater uncertainty to future financial markets.
Nevertheless, some experts maintain a cautious stance. They believe that if China truly attempts to bypass the dollar hegemony in this manner, the challenges it faces will be substantial. After all, the U.S. has closely monitored China's financial accounts, and central banks around the world are well aware of this.
In addition, Zhao Changpeng also put forward an even more astonishing prediction—the rise of the "Bitcoin G7." He believes that as more countries join, a world financial system dominated by G7 countries will ultimately collapse, to be replaced by a new financial system based on Bitcoin. This prediction inevitably reminds one of the Libra project proposed by Zuckerberg in 2018, which faced fierce criticism from Trump and ultimately came to nothing. However, the mention of the "Bitcoin G7" once again adds more variables to the future financial market.
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