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RE: The Great Crypto Paywall Of China Is A Blueprint For The West
I appreciate you anarchists, but...
China is looking into regulating the use of crypto, not a ban. This day was bound to come. For you it might be the death of a revolution, but to the average Joe this means normalisation.
Ofc China might end up regulating it way to hard outright banning many cryptos and accepting only chinese gov crypto, thus making a Banking System 2.0, but I hope that won't fly.
Lol, the death of the revolution came from bitcoin itself, not from the Chinese government.
There is more and better options than bitcoin on their way or already in existance right now.
The Chinese government just seeks to capitalize on bitcoin, not bring security to the average joe.
And the Chinese government does a good job at that, as expected.