Post
Topic
Board Economics
Re: What will be the effects of China's central bank declaring all crypto illegal?
by
Koro-Sensei
on 13/10/2021, 15:43:57 UTC
The CCP has planted the seeds of the rebellion that will throw them out of power and they don't even know it.
This is quite true. People of China know the importance of cryptocurrency and how it could possibly change the monetary system. They are one big community and Cryptocurrency is quite popular there. Its just that the CCP wanted to control everything which they cant do with crypto. In my opinion, people in china are smart enough to not know the alternatives which is the decentralised exchanges. P2p transaction at black market would also be a great option.