Samson Mow: China May Use Bitcoin as Economic Hedge Amidst US Trade Tensions

China’s nuclear expansion could lead to increased Bitcoin mining instead of supporting domestic infrastructure development. This shift in focus comes amid escalating trade tensions with the US, prompting speculation about a potential Bitcoin strategy by China. Samson Mow, a prominent Bitcoin advocate, has suggested this possibility. Mow’s comments stem from China’s robust nuclear power industry and its control over Bitcoin mining equipment. This dynamic creates an economic scenario where China may opt to utilize existing mining infrastructure for domestic use rather than exporting it during volatile trade conditions.