The one thing Trump said that I did like was that he plans to have America generate an abundance of electricity. This is more important than bitcoin legal tender or a Bitcoin treasury, because electricity is the #Bitcoin security budget.
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And China is WAY ahead of the US in both energy and ASIC fabrication.
The incentive for having a security budget is a collaboration that gets rid of competition and stimulates peaceful cooperation.
American Labour is too expensive to compete on the global market… So possibly not the best scenario for preventing inflation or overtaking China in this capacity.
China is actually way behind in terms of chip fabrication
You're thinking Taiwan 😅
No, it's not. Have you ever been outside of the Tier-3 cities in China? It's third-world levels of electrification and development generally speaking. For reference, that's 800 million people, 60% of the population, living in the absolute shit.
And ASIC fabrication depends on Taiwanese semiconductors anyway. No reason why the US can't leapfrog them in 4 years if there's an interest and it makes economic sense to move production to the US instead.
China’s energy capacity per capita is projected to reach parity with Western standards around the year 2030. It will shoot past that target after that.
ASIC fabrication depends on a company called ASML that produces the machines for lithography, not the factories that produce the chips themselves.
Projections mean nothing when ot comes to a country that systematically makes up, distorts and lies about numbers. Go and see for yourself.
Be less certain.
Yeah I've been there on and off since the early 2000's and seen the cycles of development, amazing to watch.
That's beside the point though, what matters is joules per second, not joules per capita.
Also more important to look at lines on the graph, not points.
That is my line! Energy abundance and a plan for it is what drives America