China Outlaws Bitcoin(reuters.com)

23 pointsby hellbannedguy5 वर्ष पहले0 comments

https://www.reuters.com/world/china/china-central-bank-vows-crackdown-cryptocurrency-trading-2021-09-24/

4 comments

jc014805 वर्ष पहले

China has denounced crypto currencies once or twice a year since the inception of the concept. Considering they’re at the precipices of their own cryptocurrency it’s no surprise. They’re right on schedule with their denouncement.

[deleted]5 वर्ष पहले

aaroninsf5 वर्ष पहले

I imagine this is to block desperate exfiltration of wealth before yuan devaluation during anticipated financial turmoil from real estate defaults...

arthurcolle5 वर्ष पहले

"You mine bitcoin? Right to jail, right away. You try to buy bitcoin? Also jail. You try to sell bitcoin? Believe it or not, jail. We have the best traders in the world... because of jail"