@Cesc0410 28 September 2021 more from that month

China is really cracking down on Bitcoin, first they banned mining and we saw the price dip down as miners had to move operations outside the country Then they banned all trading of cryptocurrency this week and exchanges and individuals have to move their capital out of mainland China Now they are banning the sale of mining equipment which is something that is built in China so they really want nothing to do with bitcoin at all I think this crack down is due to the fact that their CBDC hasn’t taken off the way they thought it would and now they want to eliminate all options to force people to use their currency It’s not impossible to still acquire Bitcoin as people can still got P2P or they can sell their local currency for another foreign currency and then buy Bitcoin It’s going to be interesting to see how all this drama is going to be priced in and if this will disrupt Bitcoins S2F model