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Bitcoin Is Stronger After China’s Crypto Ban: Edward Snowden

Bitcoin Is Stronger After China’s Crypto Ban: Edward Snowden



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26 Comments

  1. Bitcoin is stronger after China’s ban, but Bitcoin is much better off not being dependent on such a country for the Hash Rate power available to secure its network.

    Bitcoin stands for freedom and its values are more in line with the countries to which Bitcoin mining is migrating.

  2. Everything can be good for Bitcoin , it’s just the way you look at it. I can say that the second largest economy banning will get fewer capital flowing into the market , but I can also say that Bitcoin is descentralized and doesnt care who bans it because there are ways to use it despite of the ban and the strength it rebounded also shows its power. Also , the other countries will absorve the mining and capital that china forfeited making it more descentralized, making it even stronger .

  3. China is having rolling blackouts in 2/3rds of the country. Some cities experiencing them for up to 2 days with no power.

    China banned btc because of their power insecurity. After they recover, might be after a collapse at this point, they will likely embrace it again.

What do you think?

Buoyant Bukele Blasts Critics as Bitcoin Price Booms and Salvadorans Buy BTC

Buoyant Bukele Blasts Critics as Bitcoin Price Booms and Salvadorans Buy BTC

@naiiveclub with the best #bitcoin pump up meme videos. TO THE MOON.