Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ban in China and some noble countries.
by
348Judah
on 18/08/2022, 09:39:44 UTC
The Chinese government banned bitcoin and all trading connected to it, says it has no regulation and cannot be adopted to their system of foreign exchange. Now they tend to adopt and make use of NFTs, says it's under control. Why can this be? With this issue, it might cause other countries under China to do same.

By now you should have known China for the centralized ways of leadership, that don't admit the existence of anything that will go off beyond their control system, if the launch NFT, it will be of a good advantage to then because they have a big role to play in determining the control and fate of how the Token runs, while they can't achieve this with bitcoin, they are less concerned about the risk and scam in token as long as they will persuade their people to go for it, remember they had their CBDC as well to counter bitcoin, China are just a centralized system extremist.