Post
Topic
Board Marketplace (Altcoins)
Re: Will China ban bitcoin completely? opinions
by
danniwide1234
on 01/04/2018, 16:21:02 UTC
Bitcoin was ban in China by the government because of reasons like; inability to control the activities of cryptocurrency, could easily be use as a platform for fraud, money laundering etc. The questions is can bitcoin be completely  banned in China? I will say it is possible since China is an independent countries and can do so if they deem fit, however I am more interested is will a complete ban actually be effective. I believe because of the decentralized nature of cryptocurrency world banning bitcoin completely will not be effective because the Chinese government lack full control.