>China government has unlimited power within their country
>Chinese heavily invested in cryptocurrencies
>takes one bad day for Supreme leader Ching Chan Chong to wipe out bitcoin from China
>"Muh decentralization"
>Actually getting fiat money requires you to work on an exchange where you have to upload at least 1 legal document
>"muh privacy"
>transaction can take multiple hours to clear unless you pay high fees
>"muh faster"
>"muh cheaper"
anytime you get involved with chinks prepared to be scamed and cheated its what they do
>>2791924
nobody China uses shitty cryptocurrencies. Everyone in China already use digital payments which are bank deposits linked to their wechat account. Digital wallet is the future, not crypto. Crypto is comparable to things like gold and stocks, except it makes no money from products or innovation and is more like a greater fool pyramid scheme.
>>2791939
unironically this.
>>2791924
the best part is that some people actually bought bitcoin and lost money. it's fine if you buy into a scam and come out ahead, but that shit is inexcusable.