Not only China and Russia, but my country Indonesia also banned bitcoin. But I explained that the ban is only directed to the use of a medium of exchange only, if for ordinary trading may still be allowed, so naturally when in China there are still people who use bitcoin.
This picture may be a sign that Indonesia is beginning to recognize blockchain technology. Crypto activists in Indonesia began to campaign technology to various agencies and campuses.
Irrelevant, a few guys meeting in a hall and discussing bitcoin means nothing while the government is actively shutting down business that take bitcoin payments and issuing fines.
Didnt korea ban it also? im sure there was a small crash and news about it?
Never happened!
Russia...just ignore every piece of news that comes from that country.
They are worse at flip-flopping than China.
China currently uses Bitcoin as the main channel for investment. Although China prohibits Bitcoin, there are still many people who invest in Bitcoin. Therefore, apart from the fact that it can only be converted into legal currency, bitcoin is no different from other investments.
Is that a joke???
China is not using bitcoin for anything!
And further more..."main channel" ? Chinese investors have budgets that exceed all cryptocoins value and you think they are rellying on crypto?