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RE: I respect China | China Bans ICO | "Internet rules - When china bans something, Invest in it"| Is it the Perfect Time to Buy?

in #ico7 years ago

The question is... Why they will do that?
China made this because they have problems with people trying to avoid the China's money... If someone could do this is India. Another countries see Bitcoin like a way to get money from people, when you sell the bitcoins to get a fiat money, probably you will need to pay taxes, and that is why governments like bitcoins.

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In China, Lot of Scam projects are going on. Lot of projects are quick rich projects. ICO is banned but Bitcoin is still legal in china. Let's see what happens next.

Yeah, like in Brazil, the Ponzi Schemes is so damn high!

Govt. Should knock them out

Yes, who knows.. Let's wait
That is really so great article of you..

Thank you @asmaasema for your nice reply

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