Never Plan To Ban Bitcoin – America Must Go Extra in Including the Bitcoin Revolution Right Soon

China has recently banned Bitcoin and cryptocurrencies completely from its region at the end of September 2021. If you have been in the Bitcoin world for many years, this will sound familiar, as Beijing has issued such a ban probably more than a dozen times already.

These items have less and less make on the price of Bitcoin. It shows that investors are no longer shocked to see a country like China exposed itself to a symbol of freedom that is Bitcoin.
supporters of this announcement, many were waiting to see what might come out of the mouths of American governments with Bitcoin and cryptocurrencies.

Neither the Fed neither the SEC has the energy to ban Bitcoin
When the second system power bans Bitcoin, everyone wants to understand what the first world power will do. In a few days, we must have feedback on this issue from Fed Chairman Jerome Powell, and then from SEC chief Gary Gensler.
Jerome Powell said:

“The Fed has no plans of banning Bitcoin and cryptocurrency.”
This sentence was said during a Congress statement by Jerome Powell.
A few days later, Gary Gensler took a related position:
“The SEC has no designs to ban crypto.”
These comments pleased the markets, which has since helped Bitcoin climb back above $50K. Nevertheless, you should not be shocked to hear that these institutions do not have the ambition to ban Bitcoin and cryptocurrencies.
Such a ban would have catastrophic results for technological and business innovation. First of all for America, which is the commercial capital of the world, but also for many other countries afterward. So America has no real interest in halting Bitcoin.

America need take a different approach to China's with Bitcoin
Nevertheless, if you understand Bitcoin, you know that America bottle ban Bitcoin. No country can. You can't ban a decentralized system like Bitcoin with thousands of nodes diffused around the world.
Now as China cannot ban Bitcoin, only try to curb it with its population.

Bitcoin will proceed to develop with or without the approval of American authorities. The big problem for America is whether it wants to be a driving force in the Bitcoin change or not. And that's what's at the post for the years to come.
In my view, the smart thing to do would be to take the opposite way to China. America must adopt Bitcoin-friendly management and support this technological and monetary revolution. Bitcoin develops conditions of freedom that cannot leave American congressmen cool if they remain truly committed to America's values.
We have now seen that North American businesses have already started to take account of the ban on Bitcoin mining in China in May 2021. The expectation of Bitcoin mining is clearly in North America, which will have a leading place in the world.
America must seize the chance to lead the digital world of tomorrow by embracing the Bitcoin revolution
There is an unbelievable opportunity for America to remain a leader in a future society where everything will become digital. While China plans to make its e-RMB an emulator capable of toppling the hegemony of the American dollar, the United States wants to see in Bitcoin the chance of continuing to be at the center of the policy but via an open and direct system.

The possibility to lead in a fairer and more inclusive system.
A real sample shift from the current financial and financial system of education, but something necessary, because the Bitcoin substitution will take everything in its path whether America likes it or not.
If the Bitcoin possibility is there for people like you and me, it is also there for the public, even if it is America. The big problem is which politicians will be provident enough to adopt this position.

There are now some who have this idea in America, like Senator Cynthia Lummis, though they are still far too isolated. Nonetheless, with time, we can expect that positions will develop and that American diplomats will open their eyes to this impossible chance that America must seize.

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