Quote from: Ausgewielt on Today at 06:09:41 AM

I have been investing in bitcoin since long time ago and I am not surprised about bad news that related to China. Maybe this time China move too far. I think China should give their citizens freedom in economic activity. I heard that china help their citizens to build a business but it is disappointing when China make a bad regulations regarding bitcoin and other cryptocurrencies. For me bitcoin is a part of future, if china strongly against bitcoin then in my point of view they don't want to get a good future.

That is a suicide for the CCP of China because giving economic freedom to their people will cause independence to the richest group of people who could unseat Xi Jin Ping as a ruler. That's not good for them and it's better for crypto to stay out in China. They are already threatened with its borderless properties.

The banning of crypto fud is recycled almost every year but still makes retail investors panic, the fear of losing money is really scary but they are happy to spread fud every year.