The biggest reason for China's ban on Bitcoin is carbon neutrality. China’s carbon strategy roadmap is to achieve carbon peaks before 2030, achieve carbon neutrality before 2060, and even initially achieve carbon neutrality by 2030.
This is quite a valid reason but why wait this long in the first place and instead of being reactive to the situation why didn't they provide solutions to the miners.
Chinese who invest in cryptocurrency don’t know what decentralization is, just blindly follow the trend to buy some unknown coins.
Have followed several Chinese traders, youtubers and many other forums and this doesn't look to be the case...would you back this up mate 😉
Chinese investors lack the most basic understanding of the cryptocurrency industry, most people end up in bankruptcy.
How does one end up bankrupt when you have a cash equivalent asset