RE: Is China Really Banning Local Cryptocurrency Exchanges? | It's Impact on Bitcoin's Valuation & Total Crypto Market Capitalisation !!

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Is China Really Banning Local Cryptocurrency Exchanges? | It's Impact on Bitcoin's Valuation & Total Crypto Market Capitalisation !!

in cryptocurrency •  7 years ago 

How are they going to control the ban? It's not possible. Mining farms in China have so much revenues for small towns that they will just fake a shut down and keep going. Rumor has it that even local power plants are mining Bitcoin. Listen..they wont stop mining bitcoin in china. They won't stop buying and selling it either. It is just a hopeless way that the communists are communicating. They pretend to have control. It will be bumpy in the weeks or even months ahead. But in the end, the crypto market wont go away..and if the Chinese doesnt want to be in on it, then fuck them. But they will :)

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