Why China Is Cracking Down on Cryptocurrencies❔- 📺
➢What exactly is China doing?
A series of measures are being taken in China to discourage bitcoin mining and bitcoin use/trade.
China hosts the world's biggest community of bitcoin miners. But that might be changing after a crackdown on crypto currencies.
➢Why China Is Cracking Down?
It's all about risk.
➢Is China anti-cryptocurrency?
Hardly. It's all about being in control
➢What impact has China had?
Miners had flocked to China to mine Bitcoin because of low costs and labor. But now, miners might move to another place.
🎯👍Have a GREAT 2018!🙌
See also,
📺Playlist 📊 Bitcoin mining strategy & investing 2018:
https://www.youtube.com/playlist?list=PL1hSCkD3Iewj_22El3nOUThCLA6DstYxU
💎Join Hashflare Here!
https://hashflare.io/r/83B32662-discount
I believe that China is concerned with the outflow of funds to overseas crypto exchanges
I see a big miner community being built in canada.