Quote from: Faeton on June 09, 2018, 06:43:19 AM

Quote from: The BlockRx Project on January 25, 2018, 07:22:01 PM

Chinas government is starting an all-out war against bitcoin and other digital currencies by banning fundraising through initial coin offerings and shutting down all mainland digital currency exchanges?

The Chinese government is not yet going to declare war on the Crypto-currency. It is looking for its own way of its implementation, restriction and regulation. This is evidenced precisely by the hesitant and contradictory actions of this government when introducing such prohibitions and restrictions. It is trying to protect its economy from the possible negative impact of the crypto currency, and since September of last year it has clearly stated that it considers the crypto currency to be a threat to its economy, since the crypto currency allows uncontrolled withdrawal of its funds from the country. The ban on mining bitcoin means fighting for economical consumption of electricity. At the same time, there was information that in China they are going to resolve the ICO process, but under the control of the government. This will just be a positive moment, as it will protect the rights of investors.

ICO is under government control. LOL. Tell me one successful example of something that's run by the state. Any regulator pursues its goals and they are often aimed at overcoming resistance to the laws of the market. That's why I don't believe in government projects. I think that other investors will also think.