Quote from: Saisher on July 04, 2021, 11:23:55 AM

Quote from: Henrobakkara on July 04, 2021, 11:18:24 AM

We believe that cryptocurrencies are decentralized entity and the way China has handled Bitcoin and other cryptocurrencies have almost made it look like cryptocurrency is a China centralized currency. Everything China is doing now will be the best for Bitcoin and the general cryptocurrency even though it might hurt the space a bit but it will eventually pass and that influence will no longer be there.

If they want to go out then we can't do anything on it, it will have little effect in the market because Bitcoin is well adopted in many countries and companies now, thanks to the Chinese for being its early supporters but it's time for the world to show that we can stand and move forward with or without China's participation, it will be better in the long run.

This is a really bad move for China, it is similar to what happened to the early adopters that sold their bitcoin when it went up in price a little bit and then they missed years and years of profits, China is trying to leave the market just when bitcoin is about to explode in adoption, and the worst part is that they are doing it over nothing, they will never control bitcoin so they might as well obtain some benefits out of it, but at the end of the day that is their decision and if they want to do this then we will let them and see the politicians regret their decision in a few years.