China bans cryptocurrencies

Great news.. hopefully the longstanding Chinese stranglehold on Bitcoin mining will be broken as a result.

Satoshi created Bitcoin precisely for situations where governments try to perpetually keep a monopoly over people's financial power. What a surprise that the CPP doesn't like that idea.
 
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madness decision, china cant rule the world, that's why miners moved to Africa
 
Deja vu
 
Don't worry, they do this a few times every year to get more BTC in the dip. Continue as normal!
 
Heard a lot of talk about them wanting to make a digital Yuan, banning all other currency transactions to give them complete control over peoples finances and know exactly what they are spending their money on.
 
I think they canot ban it , crypto is on the web wtf
 
reddogred said:
Heard a lot of talk about them wanting to make a digital Yuan, banning all other currency transactions to give them complete control over peoples finances and know exactly what they are spending their money on.
Click to expand...

This is the right answer . They're only preparing for the great reset .

I wouldn't be surprised if the globalists were really behind the creation of bitcoin . They needed to prepare people to accept digital currencies somehow , if they were to implement their own in the future .

And what better way to grab people's attention than the potential of getting rich easily , only by holding some digital coins .

And it worked . Now almost everyone has heard about crypto so it's done its purpose very well .
 
I don't understand the fact that cryptocurrency is ban with China and some other countries which I believe they will surely agree the acceptance of the currency.
 
China mandates.
You obey or else.
No reason but mere power over subjects.
==> crypto is only available for high rated members of the party.
 
China alone is not important when we talk about crypto. We have to consider all the countries.
 
China Ban Everyday but in actual they aren’t able to Ban at all But its not under their Control to ban Anything digitally
 
After every ban from China crypto make new high lol ;)
 
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