Quote from: Silberman on Today at 07:07:38 PM

Quote from: breathlessz on October 28, 2021, 04:36:43 AM

Quote from: Silberman on October 27, 2021, 05:13:28 PM

Quote from: Lubang Bawah on October 26, 2021, 07:53:55 AM

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.

As a Chinese citizen, of course, you have to be careful with cryptocurrency, even now some exchanges prohibit Chinese citizens from registering, this is the impact of China's behavior which often creates controversy in cryptocurrency, even though we don't really know what the purpose of the Chinese government is.

It is always important to hear the voices of those that are affected by regulations like the ones that are being passed in China, now exchanges do not want to deal with any issues and are not accepting the business of Chinese citizens, this is similar to what happens to US citizens which are rejected outright by many banks as those banks do not want to deal with the regulations of the US government, with the difference this is even worse as it is almost impossible to use your bitcoin privately if all what you have are devices manufactured by Chinese companies.

When you are a citizen into those countries which do impose up some bans or restrictions then you would really be finding this situation to be hard but it wont mean that you are totally being get rid of for you to avoid or being restricted on dealing with crypto.We could still make out some engagement though but it wont really be on the sense in full scale or totally free and once you do decide on dealing still with it
then you should be careful because you do know the risk once you get caught.