Which country between these two would you rather see welcoming crypto and fully embracing Bitcoin? China? The United States?
I read an article that says that upon the ban of Cryptocurrencies in China over 30 million Chinese are using Crypto in the country.
At this point in Bitcoin and crypto life, Ban is no more an issue it seems, what do you think about this? It's like saying a country ban VPNs where as you can bypass any country's FireWall.
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Let me tell you, the banning of cryptocurrencies is no longer a big deal. People always find ways to bypass any country's firewall, you know what I mean? It's like playing hide and seek with your little cousin; they'll always find you. But, the banning of crypto still has an impact on the market, as seen in the recent dip. However, don't get it twisted, crypto is not dying, it's just getting started!
China has already proven that it's a crypto badass, with over 30 million Chinese using crypto despite the ban. But what about the US? Well, let me tell you, the US is like a superhero that's been hiding their powers for too long. With their massive economy and technological advancements, the US has the potential to become a crypto leader.
There are lots of crackdowns and fuds which had been created and its true that its not dying anytime soon. No matter how hard they would be trying on prohibiting or banning it, there's no way of stopping it.
Sooner or later which these countries who had banned out crypto would really be lifting up those decisions specially on the time where they do see that most countries would really be going along with it,
but im not really that too optimistic that this would be happening one day considering that government doesnt really like on things which does have that decentralization thing
and it would never ever would be.
I will like to see China lifting the bans placed on crypto
Not only China but also in other 8 countries- I dont know if the list is updated or not.
Crypto is fully banned in China and 8 other countries
https://fortune.com/2022/01/04/crypto-banned-china-other-countries/But as said, these bans arent that something a big deal anymore. They can ban it all they want but there's no way on stopping it.