Originally Posted by Leprechaun
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.
Ryzen 7 3800X, ASUS Prime X470 Pro, KFA2 RTX 3090 SG, 16GB Crucial DDR4 LPX 3000 Ram, iiyama G-Master GB3466WQSU 3440x1440 freesync 144hz, 250gb Samsung SSD, 750mb Seagate SSHD, 2TB Seagate Barracuda H/D, 1 TB Samsung H/D, 850w PSU, Windows 10