Congratulations on the completion of the de-Chineseization of Bitcoin. In the past few months, I have become tired of reading China’s news about Bitcoin. Whenever there is China in the title, I know that it will have a certain impact on the price of Bitcoin.
For months? Well then you are a very lucky man because you have not had to read such news for years like some other members of this forum. Just to show you an example from 2013 ->
China bans banks from handling Bitcoin tradeI especially hope that China will completely ban Bitcoin. As far as I know, China originally owned the vast majority of Bitcoin mining machines, which made me always worry about facing 51% attacks. However, China has now banned mining and various currency issuances, hoping to buy cheaper bitcoins from the Chinese.
Bitcoin has been banned in China for years, all that happens occasionally is just an additional tightening of pre-existing measures that are then used to create a FUD. This will not end as easily as we had hoped, and we will probably hear more bad news from China in the future - because for some reason the Chinese Communist Party has decided to take a slow approach and gradually introduce measures, which means they have become sloppy.