Quote from: Obito on November 25, 2019, 10:31:02 PM

Quote from: CrownMade423 on November 24, 2019, 08:24:46 PM

I saw many posts regarding the recent China news or police raid fact. Nothing is real in that case? What's the thing Chinese Gov is going to do in next? Sometime, it seems to me that the Gov is with blockchain, sometimes, they aren't. Feeling confused.

I have heard about China raiding binance office, and the sudden turn out of events such as banning so on and so forth. This got me surprised since few weeks ago China was all good towards crypto, and blockchain. And in addition binance was building up an office in China. As of today it is still a news and no one still confirms about it. Let us just hope that these are just misconceptions, and nothing more than a gossip.

first, China never friendly with crypto to being with, they are just trying to implement blockchain and you must remember or know that Crypto is a product of blockchain and is not in favor of China meanwhile the blockchain system is what china deem as revolutionary.
second, China is trying to create their own crypto ofcourse to beat down other crypto to pulp they could just do this to secure the market share for their own crypto. There's no such thing as china love crypto, people are just too optimistic about this.