Crypto’s Cold War: US and China’s Battle for Blockchain Supremacy

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America’s relationship with China could be best described as “frosty”. The first and second-largest economies in the world have increasingly found themselves at loggerheads; from trade to finance, artificial intelligence to telecoms. 
China and the US have also clashed diplomatically over China’s handling of its neighbors, in particular, Taiwan.
China sees the island nation as a breakaway province that should be brought back into the country’s sphere of influence, whereas America recognizes Taiwan as an independent state and has helped the island arm itself against foreign aggression – namely China.
More recently, those opinions have been extended to the disputed Spratly Islands, a group of uninhabited islands in the South China Sea. 
The contested Spratly Islands in the South China Sea. IMAGE: Shutterstock
As the result of vast swathes of oil being discovered beneath the sea, China has been actively expanding its international boundaries by putting military bases on the i

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Źródło: https://decrypt.co/69545/cryptos-cold-war-us-and-chinas-battle-for-blockchain-supremacy

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