Here are my forum friends thoughts on Chinese government and their potential involvement with NEO.
Chinese government is usually with or against you. They are almost never neutral. If NEO is in operation then the government is probably with them.
The Chinese government is known for favoring or you can even say backing up Chinese companies. Take Facebook, Youtube, Google, Uber, etc for example…
There is a good chance Chinese officials have invested in NEO, and I suspect NEO might be or potentially in the future pumped by the Chinese government.
The Chinese government needs to have control over EVERYTHING. They can be with you but as soon as they feel you are a threat to their Reign they will destroy you over night. “Fa Long Gong” for example.
So pretty much NEO can moon or collapse overnight. At the moment it is definitely heading to the direction of the moon. It just simply wouldn’t make any sense for the Chinese government to destroy it. As they rather prefer a Crypto that is Chinese, know the Chinese way (Listens to the government), rather then Crypto from other countries “especially” Bitcoin as the creator of Bitcoin is Japanese. The Chinese government hates Japan.
Fyi, China is not found of Western countries. From foreign invasion pre and during WWII to United States backing up Taiwan. Why do you think China is not doing anything about North Korea? Because believe it or not North Korea leader is a puppet of China. When North Korea fires those threat missiles is never towards China, always towards cough, cough you guessed it… Japan…
Personally he feel if there is a moment where NEO needs that little bit of push, the Chinese government might step in as long as NEO agree to their terms. Fyi, since NEO is operating in China he`s pretty sure they are operating on the government’s terms. Lul…
So at the end base on his speculation… Will NEO be a moon shot? If is within the Chinese government’s ability… Highly likely… Is there a chance NEO collapse overnight? Yes, if the Chinese gov goes cuckoo on them…
This is just his personal opinion it is not endorsed by the Chinese government :wink: lol… As always inputs are welcome!!!
To the moooonnnnnn!!!
If you like the content make sure you upvote it, also check out my other posts at: https://steemit.com/@cryptoclan
might have some bias in there but the government intervention on Neo might be a good argument
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This is phenomenal!
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One thing I forgot to mention in the post was that he is new to crypto, so I really liked his view from a different angle.
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