Re: Chinas Crypto Crackdown Shows Governments Are The Enemy Of Bitcoin
What if this was a plot against USA's Musk? 
China definitely wants to become the world power, and billionaires investing in BTC is a great moment to take a simple action (banning BTC) in order to pull back part of USA's wealth. It's a quite weird of a timing, to be honest.
China definitely wants to become the world power, and billionaires investing in BTC is a great moment to take a simple action (banning BTC) in order to pull back part of USA's wealth. It's a quite weird of a timing, to be honest.It was perfect timing if your goal was to stop price from bouncing and make it stay at this low (compared to month ago) prices for few more days, maybe to block BTC from closing weekly candle above 200AM to have extra supply during bloody monday? BTC was hitting in 42k resistance 4th time. It could break it going back to 45-48k right when news hit market.
And I doubt that China wants to hit in USA by banning crypto mining
