currency sounds weird and they’ve trying really hard to ban it since 2017. Is China not a Socialist country anymore or just for a name sake or turn into a Authoritarian Socialism and slowly becoming Dictator?
yes they are i think
It remains to be seen how much of a sustained
hit Bitcoin will take once the regulations have had time to be enforced
China’s exit from the crypto picture could help open pathways
for other countries to take advantage of opportunities.
Senator Pat Toomey (R-PA) tweeted that the U.S
would have significantly more room to make developments
in the establishment of an infrastructure for cryptocurrency
with China’s new ban taking effect.
China’s authoritarian crackdown on crypto,
including Bitcoin, is a big opportunity for the U.S
yep
It’s also a reminder of our huge structural advantage over China.
With much of the US environment surrounding cryptocurrencies undefined
the potential for growing crypto business and technology
domestically has excited Bitcoin supporters.
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