Post
Topic
Board Economics
Re: What will be the effects of China's central bank declaring all crypto illegal?
by
jaberwock
on 31/10/2021, 20:50:31 UTC
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.
Hmm, I don’t really get what you mean by saying that it is almost impossible to make use of Bitcoin privately when the devices you’re using are manufactured by Chinese companies? I don’t think that is true, how exactly are they going to be able to know what you’re doing, or does devices which are manufactured by Chinese companies able to automatically block out users from accessing crypto websites? If that’s the case, then you should know that other countries where Bitcoin are banned will be able to do the same if users are making use of devices that are manufactured in the country, but I don’t think that is how it works.