OH MY GOD CHINA JUST BANNED BITCOIN

[Anonymous No.53548334]

SELL SELL SELL, SELL SELL SELL SELL, SELL SELL SELL SELL, SELL SELL SELL SELL, SELL SELL SELL SELL, SELL SELL SELL SELL, SELL SELL SELL SELL, SELL SELL SELL SELL, SELL SELL SELL SELL, SELL SELL SELL SELL, SELL SELL SELL SELL, SELL SELL SELL SELL, SELL SELL SELL SELL, SELL SELL SELL SELL, SELL

THEY GOING TO DO IT FOR THE 23rd TIME! AND ANOTHER 50 TIMES!

[Anonymous No.53548661]

btc is not designed to work at scale and as such does not and can not compete with national currencies, or better-designed cryptos, for that matter.

if it's to curtail mining and energy use, you'd think it would be a simple matter of blocking the protocol with their "great firewall". really every nation that subsidizes electricity should ban it, or at least the act of mining on subsidized energy. i don't know how much of the hashrate is supported by subsidized energy, but probably a significant amount.


so what does this even mean? they're banning it for speculators who neither mine, nor use it as a currency?

[Anonymous No.53548855]

>>53548334
post link faggot

[Anonymous No.53548948]

It's been banned in China already