Jademont
Jademont|Mar 13, 2026 04:58
Since 2017, Chinese blockchain startup projects were hit hard by the '94 policy,' and the once-thriving Chinese public chains and applications never recovered. The leading projects in the industry have basically all become Made in USA. Starting in 2021, Chinese mining operations were driven out by the authorities and forced to go overseas to the U.S., where they were warmly welcomed. Since then, BTC has to some extent become Made in USA, and it has provided the AI industry with a significant reserve of power resources. By 2025, Chinese offshore trading platforms were either forced or voluntarily paying tribute to the U.S., and the CEX industry gradually became backed by USA, allowing the U.S. to maintain its lead in this field. The only thing left that's Made in China is the retail investors, and this core asset seems hard to leave China. Thinking about this, as a Chinese person, should I feel proud or... proud?
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