Post
Topic
Board Economics
Re: China declared crypto airdrop illegal.
by
guoyu78
on 21/11/2018, 11:19:24 UTC
I don't think airdrops are good anyways. Not that bad news.
China had been a bit conservative in that sense and this is the reason to protect their domestic economy as a result of which they banned some of the exchanges that had been operating in the country.
Even airdrop as of now is not too good but at least it helps in the market movement price, but why in a country of China they banned all sources of cryptocurrency. From using Bitcoin, miners and now even a small thing airdrop was also banned. The government of Country in China they are very sensitive when it comes cryptocurrencies, hopefully, they were enlightened soon and adopt this digital currency.
Airdrop even sucks and I only blame those who end up wasting their time on it. As far as I am concerned, right about now, the whole ICO space has turned to a joke and it is obvious to so many as we keep seeing new shit coins and tokens popping up every day with no real life value, abandoned projects and then you keep asking yourself why people still tend to invest in ICOs when they know all of this? Probably, one of the reasons why we have stopped seeing projects nowadays not hitting their soft caps, let alone hard caps. One way or the other, I assume people got to learn at some point right?