Cryptocurrency

Out of context: Reply #293

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  • grafician-7

    China really bans crypto

    "China sends the strongest signal yet on its determination to crack down on the crypto industry, saying all cryptocurrency-related transactions are illegal and must be banned" - Bloomberg

    https://twitter.com/business/sta…

    • "China Central Bank Says Overseas Cryptocurrency Exchanges Must Not Provide Services To Mainland Investors"grafician
    • "China Central Bank Says Will Strengthen Management Of Information On Internet About Cryptocurrencies"grafician
    • "China State Planner Says To Strengthen Energy Consumption Controls On New Cryptocurrency Mining Projects"grafician
    • Communism vs Freedom. Pick your side.shapesalad
    • I pick freedom, so while the crypromarket may drop on this FUD news, I'll buy more. As I vote for decentralised freedom + future of finance.shapesalad
    • I pick muh freedoms.palimpsest
    • sounds like the move they did with google, fb and co... it led to a bunch of successful domestic developed services.uan
    • I trust this interest in BTC means we won't have any more whinging about packaging waste from you, shapesalad?Nairn
    • How many crypto investors are left in China? Didn't the government already ban both mining and crypto exchanges months ago?yuekit
    • Crypto IS communism as it's promising equality, freedom and decentralisation WHILE offering nepotism, whales and centralised controlgrafician
    • @yuekit yes and now they ban transactions too so that's itgrafician
    • “Let your plans be dark and impenetrable as night, and when you move, fall like a thunderbolt.”
      ― Sun Tzu, The Art of War
      neverscared
    • shape has swallowed so many red pills he rattles like a packet of fucking tic-tacs.face_melter
    • Hoe dare you.... wait a minute... Which flavoured tic tac’s?shapesalad
    • The funny thing is the on the ground reality in China is probably less regulated than USA or Europe in many respects. All these stories about the governmentyuekit
    • banning things make it sound like 1984 and I agree they are stupid, but there's always the question whether it will actually work.yuekit
    • Probably not good news for VeChain.shapesalad
    • it's at $41K man...grafician
    • China has massive mining on coal-based power. Also severe coal shortages right now. Coincidence?monNom

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