https://news.yahoo.com/china-deems-cryptocurrency-transactions-illegal-11121... https://slate.com/business/2021/09/china-bans-crypto-sec-regulations.html

Jim Bell's comment:China's government finally realized that cryptocurrency will ultimately destroy them.

China demonstrates caged animal response. Now that China Gov spent their load (again), the Chinese people still happily move and trade crypto amongst themselves, no corporate exchanges needed, just labor, tradegoods, even what little fiat remains... p2p across the internet, lands, and seas. https://twitter.com/nayibbukele/status/1441846960332361730 2.1 million Salvadorans are ACTIVELY USING @chivowallet (not downloads). Chivo is not a bank, but in less than 3 weeks, it now has more users than any bank in El Salvador and is moving fast to have more users that ALL BANKS IN EL SALVADOR combined. This is wild! #Bitcoin :) Republican lawmakers say China’s recent crackdown on financial technologies could offer an opportunity for the U.S. to press its advantage in innovation. - “China is missing a huge opportunity here, and we’d be remiss if we made the same mistake” Forget about China... There are 100m people in India who hold crypto compared to 27m in the states. They are buying up crypto and their government has a favorable stance on crypto as an asset class. Why is my bank concerned about me losing money buying crypto but don’t mind me losing my money gambling? If the SEC is suing Crypto exchanges citing ponzi schemes and scams, why not sue all banks and Governments? China bans Bitcoin which was banned already but needed to be banned again because the last ban didn’t ban it enough so we must ban again. Twitter rolls out tipping with bitcoin, explores verifying NFT profile pics A hamster has been trading cryptocurrencies in a cage rigged to automatically buy and sell tokens since June - and it's currently outperforming the S&P 500 Microstrategy CEO, Michael Saylor On China Banning BTC And Crypto: “Nothing Has Created More Wealth In The Past Decade Than Technologies Banned In China” Have made a personal decision to stop buying or using Chinese goods and services until the government removes the ban on Bitcoin and Crypto. Have also sold my shares in Chinese companies. China ban is a signal for success, not a signal for failure. They have a great history of proving it too - Google, YouTube, Facebook, Wikipedia, Reddit, OneDrive, Netflix, Zoom, Instagram, WhatsApp, Twitter & Bitcoin! China's Bitcoin ban isn't new | China banned Bitcoin for the first time in 2013 | They are creating FUD Bitcoin Price crashes from $1200 to $800 as China Outlaws Crypto Transactions - 6th December 2013 Thank you China for turning me into a impenetrable diamond holder who knows no fear