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TETHER AND VPNS TO THE RESCUE
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This would imply that a lot of the money that ended up in the bank accounts of Tether
actually belongs to Chinese citizens and not to institutional investors as many people
initially claimed. If this is true, the effect of Asian buyers (China, Japan + South Korea) on
the 2017 bull run was even bigger than previously expected.
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It's not going to be effective if they can't stop people from using VPNs.
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I guess that they don´t really care about the few people, who bypass the bans by using a VPN.
90 % of people won´t bother with a VPN or are not tech-savvy enough to use one and therefore
the ban is actually working as intended for the majority of people. There will always be a few people
that are either criminal or creative enough to circumvent any kind of ban.