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Old Sep 24, 2021, 03:34 PM   #2204
LordHawkwind
Harbinger of Doom
 
Join Date: Jun 2003
Location: England Manchester
Posts: 3,255
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ATI Technologies

Quote:
Originally Posted by Leprechaun View Post
It's more China fud. They wish to annihilate crypto. They have banned crypto 379x already. They hate freedom for their peeps. They rolled out the digital Yuan. Easy to track, tax, and cut off anyone against the govt. Digital currency coming to all countries eventually.

Price of BTC will just keep going up.
China is responsible for 68% of BTC mining. Here in the UK the Bank of England want to see it banned or so highly regulated it's not worth doing. Once one country bans it there are a lot sat on the fence waiting to jump.

Potentially it might just end up as a 'currency' on the dark web and that's it. It becomes much less tradable then.
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