US Vice President Vance praises Bitcoin: Strategic advantage against China!

US Vice President Vance praises Bitcoin: Strategic advantage against China!

On May 28, 2025, US Vice President JD Vance expressed optimism about the future of Bitcoin at the Bitcoin conference in Las Vegas. He sees cryptocurrency as a strategic advantage for the US in the race with China and questions why China rejects this technology. Reminding those in attendance that China has banned both cryptocurrency trading and mining since 2021, Vance suggests that the US should develop greater interest in Bitcoin to capitalize on this competitive advantage.

Vance emphasizes that the US needs to build a strategic advantage in digital assets. He predicts that Bitcoin will play a significant role as an asset for the United States in the coming decade. These statements are generating keen interest in an uncertain global market where geopolitical tensions are rising.

China's technological ambitions

In parallel with Vance's statements, China is pursuing ambitious plans to increase its influence on the cryptocurrency market as part of its Strategy 2025. Loud Financial practice the country is investing in key technologies such as artificial intelligence, 5G and especially blockchain. The latter is seen as a central building block for China's technological dominance.

The People’s Bank of China is also working on a digital version of the yuan, further supporting the country’s crypto ambitions. Despite the existing mining ban, China remains an undisputed major player in the Bitcoin market, with some of the largest mining pools in the world. Analysts agree that China’s demand for cryptocurrencies remains significant.

Market forecasts and strategic implications

China's increased focus on digital currencies could lead to a jump in the price of Bitcoin. Market analysts are surprised and optimistic about the developments and their possible consequences. Some experts believe China's involvement in blockchain technology could encourage wider adoption of cryptocurrencies.

Still, others warn about the potential risks associated with dependence on Chinese markets and possible geopolitical tensions. The exact impact of China's strategy on the Bitcoin market is still uncertain, and the coming years could bring both opportunities and risks for Bitcoin. China's strategic moves could usher in new technological paradigms in the crypto landscape and thus have a lasting impact on the global crypto community.