Quote from: Loathinglegally on Today at 07:49:57 PM

Chinese media says Banks are not allowed to accept crypto as legal tender.

US media says China bans all crypto transactions.

Chinese media says China bans unregistered crypto exchanges.

US media says China bans all crypto exchanges.

No one knows what China wants. China bans crypto-mining nationwide, hitting bitcoin and other major coins and pressuring crypto and blockchain-related stocks. China bans everything that gives its people more freedom. The crypto ban in China is the biggest confirmation of how much freedom crypto brings to the people as it unchains them from governments and central banks.

What china want is power and power can be only achieved if there is control over the flow of money in the country, and thus china will never accept these modes of payments bcz if it is allowed then the government will lose control over the same.