Clash of the Titans
How the USA, China and the European Union are struggling to be the first to master the crypto industry
The approach to cryptocurrencies of the two giants of the world economy is at odds and will determine a single winner. But it may not be either if Europe plays its game well.
The crypto industry dramatically accelerated since June 18, 2019, when Facebook officially announced Libra. That day, a tsunami hit the world economy: it was an endless succession of statements by Governments, Regulatory Authorities and Central Banks.
Since that day, the most influential players in the world economy finally became aware that blockchain technology was not just a game for nerds. They all started to take a serious interest in the theme.
However, when dynamics confined for a long time in a niche become large and threaten to classify the tremendous economic powers out, then suddenly they become the number one public enemy. Or at least, this is the most sweeping narrative, especially by the traditional media. The Libra case, in this regard, has much to teach us.
