Quote from: Lorence.xD on Today at 06:26:45 AM

Aren't China trying to eliminate competition for their Digital Yuan, that's why they crack down on mining in the country because they want to make sure that Digital Yuan will do good? I don't get how they don't say that they want to do it because they want to reduce carbon contribution, most articles don't even mention it.

If we directly say that we restrict Bitcoin mining in order to achieve the goal of carbon neutrality, it is tantamount to telling ordinary people that there is no problem with cryptocurrency but only to achieve carbon neutrality. In this way, the second point cannot be achieved, restricting people's participation in the cryptocurrency market to prevent losing money.

Quote from: davis196 on Today at 06:28:17 AM

It's always better to get information about China from a Chinese.
I don't trust the crypto news websites,that are spreading FUD,rumors and gossips about China and the cryptocurrency miners located there.

So the Chinese government wants to ban Bitcoin,because many Chinese are buying shitcoins and losing money?
That doesn't make any sense,why don't they just ban shitcoins and leave Bitcoin and ethereum.

I get the idea of banning crypto mining because of carbon neutrality,but there are many industries in China that are producing way more CO2,but the government won't ban them,because it will cause unemployment.

Thank you for your trust. I am also very happy to share the real information about China with the members of the forum. It may be that my expression is not perfect, and you have misunderstood what I mean. Just like the shitcoins you mentioned, there may be tens of thousands of projects imitating shitcoins in China. These people issue cryptocurrency only to defraud the public of money. I must admit that most Chinese projects are rubbish, and new rubbish is generated every day. Only by banning BTC, the source of cryptocurrency, can people be afraid and stay away from cryptocurrency. In fact, China Central Television once did a program that explained in detail the process of issuing digital currency on UNI. The purpose is to distinguish these low-cost garbage without any innovation from BTC, but few people receive it.

Quote from: YOSHIE on Today at 08:48:26 AM

I read what you said, I don't blame anyone in this case China vs Bitcoin, I know very well the Chinese brain, their actions in trading excellence, Bitcoin is their next target.

So, back to your topic and your story, I turn to ask you.
• where did you get all the stories from.
• what you are telling has sources to read.
• and one more thing, are you one of a group of governments that are currently viral.

As far as i know china is cunning, they won't reveal anything secret, before they make big profits.

Everything is my guess. For carbon neutrality, please refer to this paper: https://www.nature.com/articles/s41467-021-22256-3.

By the way, I am not a government worker, and Chinese government workers are not allowed to enter the Bitcoin forum.