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RE: Has Crypto disappear from China?
oh it certainly does, but what chinese people do is simply set up a foreign bank account in HK and trade crypto, there is nothing that will stop them
oh it certainly does, but what chinese people do is simply set up a foreign bank account in HK and trade crypto, there is nothing that will stop them
Your wrong the way to stop them is by simply banning more and more miners where a limited supply of bitcoin would flow in the chinese market and slowly people would start selling creating a mass inflation of bitcoin to become "GONE" and then the bitcoin price would surely lower as we know it after all people would sell as they know they can't mine anymore so why not cash out since bitcoin transaction fee is on the rise which would bring the bitcoin price down hugely without any words left to say or see.