Crizzo on Nostr: If they are cooperating and promoting Bitcoin they could accelerate adoption ...

If they are cooperating and promoting Bitcoin they could accelerate adoption tremendously. Take a look at El Salvador. You can spend Bitcoin almost everywhere there now, so that's like a 99.

If they are resisting Bitcoin adoption they can only slow it in their own jurisdiction. China banned Bitcoin mining and it all just moved out. While adoption in China slowed, I'd argue the ban increased the adoption rate elsewhere, so I say the overall effect was around 0.