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RE: Rumor - China Plans on Blocking Bitcoin Nodes and Making Bitcoin Mining Illegal

in #bitcoin7 years ago

I can hardly believe that. I don't think that the chinese government wants to get rid of cryptocurriencies at all, i think they just want to have them under control, or at leat they want to control the fiat entry points in their country. A lot of money has been invested in infrastructure and hardware, so the chinese banning bitcoin on the whole seems unlikely to me.