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Cryptocurrency discussions / Re: If China soon welcomes crypto: strong bullrun?
« on: Today at 06:10:51 PM »OMG, you always come up with unique and interesting posts, that are totally new for me, just like the article in this post that says China never bans crypto completely, I mean I read news where the Chinese government punished a government officer for using crypto and gave him a long sentence, I read many other news as well, but what I did not know that $90 billion of dollars are traded only on Binance and only in one month that's shockingly amazing.I don't like to dwell on conspiracy theories, but I've always believed that the Chinese government has always had many big plans to increase its position in the world: economically, technologically, and even in crypto. China is very enthusiastic about researching and finding ways to apply blockchain technology, and at the same time implementing CBDC as e-CNY, they don't want to miss out on this attractive market. The only thing we don't know is: when will China return and what strategy will they return with?
Well, this indicates one thing that all the western media or other media that are creating an environment in the world's population's mind, that china is not supporting crypto and strictly prohibit it, are the actors of a single country which is getting the most of the benefit, I mean, before it was china, on which all eyes were, and now its USA and the most benefit is also to USA as well, and there is no doubt that big influencers sitting in USA have great control on all types of medias. Well, sadly that's not right. Things should be made crystal clear to people.
I think there is always room for Chinese investors in the crypto market, and their capital will make the crypto market grow stronger. But I fear that China's CBDC will be learned and applied in other countries, making CBDC popular and having a negative impact on people through high control.