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Old Sep 24, 2021, 10:41 AM   #2198
pax
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Join Date: Apr 2001
Location: Canada Grand Falls, New Brunswick, Canada
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pax once won a refrigerator on 'The Price is Right'pax once won a refrigerator on 'The Price is Right'pax once won a refrigerator on 'The Price is Right'pax once won a refrigerator on 'The Price is Right'pax once won a refrigerator on 'The Price is Right'pax once won a refrigerator on 'The Price is Right'


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https://www.bbc.com/news/technology-58678907

Quote:
China's central bank has announced that all transactions of crypto-currencies are illegal, effectively banning digital tokens such as Bitcoin.

"Virtual currency-related business activities are illegal financial activities," the People's Bank of China said, warning it "seriously endangers the safety of people's assets".

China is one of the world's largest crypto-currency markets.

Fluctuations there often impact the global price of crypto-currencies.

The price of Bitcoin fell by more than $2,000 (£1,460) in the wake of the Chinese announcement.

It is the latest in China's national crackdown on what it sees as a volatile, speculative investment at best - and a way to launder money at worst.
If that doesnt kill it I dont know what will. One or 2 more large countries chime in and its over.
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