Bitcoin Forum

https://twitter.com/jenniferatntd/status/1573322602784980993

This is not a FUD but altering fellow bitcoiners to be prepared for another round of pandemic like situations.

We all know, all sudden big economic/political news might have impact on bitcoin as well (but bitcoin is always known for bouncing back on its own fashions). Likewise, any uncertainty happens in China will shake all the world economies and bitcoin economy is not an exception these days.

If it is just a rumor then all fine. But, if it is true, get ready to buy cheaper bitcoins with long term plans.

All I could find is a senior official being imprisoned for running a crime gang with government officials and receiving almost $100 million in bribes?

I can't find anything about xi and I don't think the article I read was very well written (I don't think they'd have reason to lie but I'm not sure why they can't proof read their articles before publishing them).

It's possible that twitter person is forwarding their own channel with fake/exaggerated news but maybe time will tell on that one (they disagree with themselves between posts).

I do not see how anything about this is connected to bitcoin price, be it fake or not fake, this is the best time to buy bitcoin and hold for the next all-time-high.

China is world's biggest supplier which measures around 35% of world's manufacturing things. If anything affects China's exports, inflation may go worsted due to lesser supply. Inflation may have direct impact on bitcoin price.

Probably it is a rumors though there is some political power struggle happening inside his own party. There has been 6000 flight canceled from china which spread the rumors more. Some even saying that they are planning to attack taiwan now. All these is rumors till now so we have to wait for the president to come public and prove the rumors.

For being one of the largest economical hub and largest exporter of the world anything bad happens to china could disturbed the world economy badly.

You don’t house arrest dictators. They would either be imprisoned or assassinated.

Any activity related to bitcoin is banned in China, and that is the worst effect. Currently there is no more power from that country to influence the market, the Chinese people don't hold bitcoins anymore.

 I also think that these are just rumors of media consumption led by parties affiliated with anti-Chinese forces in what looks like a media war against the background of the Taiwan crisis.

I actually did a quick search on the internet and did not find any known news agency confirming the news. It's all about some news that is being promoted on Twitter and some private pages. It is not easy at all, it is almost impossible, for this to happen without the whole world hearing and prices and markets affected.

There have been a number of instances where dictators undergo house arrests, a few of them are here (https://www.voanews.com/a/a-13-2004-12-13-voa41-67486082/281910.html) and here  (https://www.bbc.com/news/world-africa-41997982)and here (https://www.thehindu.com/news/international/chads-former-dictator-under-house-arrest/article31283737.ece)

Though I believe the Chinese dictator isn't yet under any form of arrest. If he was, we would be seeing it all over the news. it probably just some websites and tweets looking for clicks and likes.

China often imposes a "house arrest" on political dissidents. This is a way to make it appear the person is not being imprisoned, while still restricting their freedoms, and being able to monitor their communications with others (so these people can be "kept in line").

I don't think there is any kind of Coup going on in China right now, as this is not being reported by any reputable news sources. However, if this were happening, I think Xi being under "house arrest" would likely be a first step.

I also know that Xi has a very tight grip on the CCP and the Chinese government. His loyalists are in positions of authority.

I think it is rumour - there is no news on our local new channel like this
I wish there the war in the world to stop and give time to help the  hurting world with healing.