Quote from: Lorence.xD on July 03, 2021, 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.

This is what i also believe as they are starting this war massively against bitcoin after announcement of their Digital yuan.
things that i do believe is the reason of the recent final Mining and banking banning of bitcoin operations .

Quote from: hardiksoni966 on July 03, 2021, 01:32:16 PM

three state-backed organisations, including the National Internet Finance Association of China, the China Banking Association and the Payment and Clearing Association of China issued a warning on social media.

And this brings big impact to the market recently , as the social media is what do been used for this spread and eve if this called Fud or reality yet this brings the market drops.