Post
Topic
Board Economics
Re: What will be the effects of China's central bank declaring all crypto illegal?
by
Silberman
on 27/10/2021, 17:13:28 UTC
Proof that the cryptocurrencies community is solid and strong, even though the central bank of china banned all cryptocurrencies but this doesn't feel any impact, even i'm sure the chinese people also don't care about this because i often see chats on telegram groups that basically they will continue to invest in cryptocurrencies .
For people like us that are not living there and that do not have that citizenship then this does not affects us at all, however even if they decide to keep using bitcoin and other cryptocurrencies now they are at risk, the Chinese government is one of the most controlling governments around the world, so if you use a device that has some apps that come from a Chinese company you can be sure you are being spied all the time, so they now need to be incredibly careful especially if they are living at China at the moment.