The recent announcement by China, the major superpower and one of the most populated country on planet earth, to outlaw the ICOs has definitely braked the skyrocketing boom of cryptocurrencies . This country considers cryptocurrency as an unauthorized activity and presumes that they can lead to financial crimes and frauds. Although they can be right to some extent but in an age where trust is very fragile yet the most used thing on internet, it should have given its people the liberty to choose.
China also fears the crash in its financial growth as the country is very vulnerable to scams.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
hmm Really !!cryptocurrency as an unauthorized activity
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit