Quote from: WatChe on Today at 08:37:45 AM

Quote from: Lucius on January 12, 2025, 02:42:29 PM

Communism and decentralization have never and never will be able to work together, and many people seem to forget that when they talk about BTC and China.

In today's world no government is willing to give away control of country financial system. It's important to understand that government's are mostly against decentralized financial systems like bitcoin, they have acceptable behaviour towards cryptocurrencies that are not decentralized or which can be controlled by the government. You are right in saying that government's of China, USA and rest of world are not stupid that they are not able to figure out there interest in decentralized bitcoin.

China has clarification regarding about personal crypto rights of their people https://www.financemagnates.com/cryptocurrency/bitcoin-nears-100000-as-china-clarifies-personal-crypto-rights/

So this really means that they are slowly changing things up since that people are not actually ban for holding Bitcoin. They disallowed those business activities since by that way they can still protect their own interest towards this matter.

Somehow this is good development since maybe next time we can see them lifting their ban and allowing any transaction that will happen on their country.