China is reportedly aiming to block all websites, both domestic and foreign, related to cryptocurrency trading and initial coin offerings (ICOs) in what could be the countrys final crackdown on the industry. - CCN
What are your thoughts about this?
Is this the reason why Bitcoin and Altcoins are drowning in Bloodbaths since late January?
It is to be expected these measures keep getting tighter so if anyone can get their money out of China do it now, you may not have another chance to do it in a long time with such an oppressive regimen, it is such a shame really, the Chinese had a very strong lead in cryptocurrencies and they could have changed the world with it and defeated the US dollar as the world currency but now they are going to be left behind and if they want to get in again it will be too late.