Quote from: Finbars1234* on August 18, 2022, 12:40:43 AM

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.

Does it really matter?? Chinese people are already living in isolation since a long time. Whatever they use, is produced by them and they don't allow any western thing to get into their country. So it's not surprising that China was the first country to ban bitcoin and ICO.

NFTs are anyways rubbish. If China thinks they can control it, let them do it. NFT market will find some new buyer which is already crawling with criminals and money launderers. No impact on the real world!