Post
Topic
Board Economics
Re: What will be the effects of China's central bank declaring all crypto illegal?
by
hatshepsut93
on 12/10/2021, 23:19:30 UTC
The CCP has planted the seeds of the rebellion that will throw them out of power and they don't even know it.

Do you seriously believe that people will rebel because of crypto? China has been a totalitarian country for many-many years, and they literally mowed down people on the streets because they tried to protest. And currently hundreds of thousands of people are in concentration camps because of their religion.

What crypto ban means is that millions of people who would have liked to invest in crypto or use it will now won't do it because of the fear of being prosecuted.  For most people crypto investment is no something worth risking going into prison.