Considering the fact that China keeps fighting to make sure they totally ban anything that has to do with Crypto (Bitcoin), we now notice that these days, their announcements now has less negative effect on Bitcoin, I.e Bitcoin don't fall careless again because of news from China like before. But yet, investors and Bitcoin enthusiasts like me are beginning to worry if on the long run, China's ban can have a lasting drastic effect on Bitcoin or not.?
I am expecting that in case by 2022 China or its governmental agencies will once again announce the ban of Bitcoin and all crypto-related business within China, it would have no negative impact on the cryptocurrency market outside of the country. I am so tired of hearing this thing and it goes beyond my grasp why the cryptocurrency market can be affected by a news like this. We should be discounting totally at the end of 2021 so that by 2022 there will no more be the China Factor. Let miners totally get out of China and transfer somewhere else where they are more than welcome and let big exchanges get away from China so the government will not anymore be collecting taxes from them.