China Will Kill Bitcoin: A Conspiracy Theory

[sindikat]

Bitcoin gave people the opportunity to build their own economy which would not depend on anybody. A mathematical formula cannot be fooled. But the people did not understand. They used what their is always someone in control. You need to be more independent and able to take responsibility. Then bitcoin will exist regardless of what thinks about it China or any other country.

[Ararbermas]

You are funny bro ithink that shabu will not make you better you gonna be crazy soon . thats why you are making some pridection that imposible to happened in the future . . And i know that  all of crypto community knows that china has no powers to banned all of currencies and as i know the creator of bitcoin is from japan not china. So its just your imaginary pridection mate.

[thejaytiesto]

I am presenting a speculative idea and a conspiracy theory and here it is: China is planning to kill the whole of the cryptocurrency market starting with the biggest of them all Bitcoin and all the rest will follow. In fact, there is a detailed plan being worked out on here and it started with the banning of all ICO projects...next is the ban of all Bitcoin exchanges and soon all citizens of China having Bitcoin will be imprisoned for 20 years (only 5 years if the person will surrender his Bitcoin to the government for possible burning).

Do you think am I hallucinating due to the "shabu I bought coming from China? Or am I only making some predictions that has more chance to come true than playing in lottery?

Please tell me what you think...and let's have some fun!

I don't think China wants to kill Bitcoin, they want to take control of it by firing the current developers and putting Bitmain-funded developers on it. Bitcoin Cash is their attempt to make it the official Bitcoin. I mean just look at who is mining Bitcoin Cash and tell me Bitcoin Cash isn't Bitcoin China with a straight face.

This is only the beginning, they keep trying. China doesn't want a currency that isn't controlled by them in the hands of their citizens. So what we need to do is not fall for the FUD and hold the real Bitcoin.

[Qiuyue201]

The world doesnt really care about what will china government do, if they want to shutdown bitcoin then its their authority to do so, but bitcoin and alt coins bring job opportunity and increasing the citizen economics life, if the country want to responsible is fine, the crypto currencies world still can go on without china

They care and you can see the short drop already done on the coinmarketcap chart and it seems a lot of the world are putting all of their attention on it because the china already become one of the bitcoin house and that was containing huge potential. You could saw it yesterday.

[Mometaskers]

Whoa man, stop buying meth from your Chinese overlords. China will suffer from bitcoin suddenly getting banned. You do know a substantial amount yuans has been invested into bitcoins, right? If they really want to ruin it, they would have started closing down mines long ago.

It's more likely they'll try their best to control it. There has been accusations of insider trading, with whales getting advanced notice from the Chinese government whenever they'll announce something that would drop the price.

[alani123]

I don't see the chinese government attempting to kill bitcoin, they probably already know that it's made especially so governments can't kill it. However, they could severely limit its lawful applications and such an action would seriously implicate all investments and the entire economy. The Chinese government surely has a way to harm bitcoin's value if they want to, the fact that so much of bitcoin's transactions happen in China just leaves the rest of the world prone to a collapse of the bitcoin economy there.

[energycom]

I don't see the chinese government attempting to kill bitcoin, they probably already know that it's made especially so governments can't kill it. However, they could severely limit its lawful applications and such an action would seriously implicate all investments and the entire economy. The Chinese government surely has a way to harm bitcoin's value if they want to, the fact that so much of bitcoin's transactions happen in China just leaves the rest of the world prone to a collapse of the bitcoin economy there.

Bitcoin is not something that can be killed by one country or authority. If it was that weak, this economic system for bitcoin would never grow like this.

Despite everything, bitcoin will survive.

[omonuyak]

I don't  Think China has that capacities to kill bitcoin as bitcoin is a decentralized system and any were you are you can mining bitcoin and do business with it. China has tried to fight bitcoin from all sides and of a truth they action has been affecting bitcoin negative but not killing it.  I think China government should ban cryptocurrency as this is better for bitcoin instead of this manipulations games they are playing. Bitcoin will be better without China!

[pitiflin]

China does have some issues with Bitcoin and crypto-currency in general and there is a chance of China permanently banning all crypto-currencies including bitcoin but such a thing a not likely to happen because that will be a hell a lot of loss for the people using crypto ,but if they do then I dont what other countries will follow China's path and do!

[filharvey]

If china had wanted to ban bitcoin,then they could have done it much earlier.What they want is they want to have total control over bitcoin transactions and they have already framed such laws for bitcoin exchanges.They just want to finish all these irregulated ICOs so that they could easily concentrate only on bitcoin and have full control over bitcoin transactions.China totally don't like bitcoin,that's another issue.They know very well that they could not completely ban bitcoin with such a situation in which bitcoin is getting dominant usage all over the world.They just want to regulate bitcoin.

[Reid]

The fact that they dont get anything from companies that are holding bitcoin or using it as a business is already prison time for them.
They have a hell of a rule with communism. It is so strict that many of the Chinese are doing their businesses in other countries.
They will kill it YES but only from their country. They cant avoid the fact that this bitcoin is only for democracy. It will be a large movement for bitcoin but it wont go down that much. I bet those who have it are already doing their best to keep it as much as possible or maybe pass it to their partners who are in other countries.

[megatrend66]

Nah.

Bitcoin is bigger than China!

No worries!

[dmamigo]

China does have some issues with Bitcoin and crypto-currency in general and there is a chance of China permanently banning all crypto-currencies including bitcoin but such a thing a not likely to happen because that will be a hell a lot of loss for the people using crypto ,but if they do then I dont what other countries will follow China's path and do!

Bitcoin been banned most probably won't be happening, yes the ICO seemed to be blocked entry or use, but the prime currencies will be in use. As others I also think heavy regulations will take place against its use. But if China bans it, crypto might take a bad hit.

[alani123]

I don't see the chinese government attempting to kill bitcoin, they probably already know that it's made especially so governments can't kill it. However, they could severely limit its lawful applications and such an action would seriously implicate all investments and the entire economy. The Chinese government surely has a way to harm bitcoin's value if they want to, the fact that so much of bitcoin's transactions happen in China just leaves the rest of the world prone to a collapse of the bitcoin economy there.

Bitcoin is not something that can be killed by one country or authority. If it was that weak, this economic system for bitcoin would never grow like this.

Despite everything, bitcoin will survive.

I'm not implying that bitcoin could be killed by any government. But we'll have to admit that Government interference from a country where a big portion of activity for bitcoin's economy stems from could affect the economy.

[Slark]

If China would really want to kill BTC then they would do it a long time ago, by banning bitcoin mining, usage, possession and trading.
Why they wait so long, why they half witted banned leverage trading first or ICOs? They would simply say that BTC is hard to control.
After all, China is all about controlling the flow of the money and they can't allow wealth to slip out of the country in the form of BTC like it is happening now.

[jokowi]

If China would really want to kill BTC then they would do it a long time ago, by banning bitcoin mining, usage, possession and trading.
Why they wait so long, why they half witted banned leverage trading first or ICOs? They would simply say that BTC is hard to control.
After all, China is all about controlling the flow of the money and they can't allow wealth to slip out of the country in the form of BTC like it is happening now.

No, they have never wanted to kill bitcoin; conversely, they are looking to manage it, because bitcoin impacts enormously on their economy, so they are trying to manage and prevent it. Block the evils that form from bitcoin and the altcoins.

[olushakes]

I am presenting a speculative idea and a conspiracy theory and here it is: China is planning to kill the whole of the cryptocurrency market starting with the biggest of them all Bitcoin and all the rest will follow. In fact, there is a detailed plan being worked out on here and it started with the banning of all ICO projects...next is the ban of all Bitcoin exchanges and soon all citizens of China having Bitcoin will be imprisoned for 20 years (only 5 years if the person will surrender his Bitcoin to the government for possible burning).

Do you think am I hallucinating due to the "shabu I bought coming from China? Or am I only making some predictions that has more chance to come true than playing in lottery?

Please tell me what you think...and let's have some fun!

Since its conspiracy theory, but that doesn't mean there is not an element of truth in it. However, I don't see it coming true in the sense that the way Chinese government is going about it, they can only succeed if other dominant countries can follow suit because despite the ban of exchanges in China there are still several exchange sites spread across the world in which the reach of China cannot still get to. They are only good that causing panic it has happen before and this won't be the last.

[Hydrogen]

As far as I know, Mao Zedong's revolution was primarily funded by international foreign bankers. The same might be said of Joseph Stalin and Valdimir Lenin's revolution in russia. Also Che Guevara and Fidel Castro's revolution in cuba. Many if not all communist revolutions & regimes were funded and paid for by international banks.

In discussing china, to some extent, Mao Zedong was likely a puppet of globalists. Mao's party affiliation, values, ideals, economic and foreign policy. All of those things were likely created by banks who funded Mao. It may be accurate to say that today nothing has changed. China is still ruled by international bankers who coordinate behind the scenes.

If this is true then it may not be china banning crypto exchanges but rather china following a script written by banks.

[yoseph]

I am presenting a speculative idea and a conspiracy theory and here it is: China is planning to kill the whole of the cryptocurrency market starting with the biggest of them all Bitcoin and all the rest will follow. In fact, there is a detailed plan being worked out on here and it started with the banning of all ICO projects...next is the ban of all Bitcoin exchanges and soon all citizens of China having Bitcoin will be imprisoned for 20 years (only 5 years if the person will surrender his Bitcoin to the government for possible burning).

Do you think am I hallucinating due to the "shabu I bought coming from China? Or am I only making some predictions that has more chance to come true than playing in lottery?

Please tell me what you think...and let's have some fun!

Has anyone noticed that when you make something illegal, that's the very moment that people are drawn towards it the most, Forbidden fruits are they say tastes the best. China can't ban bitcoin, Even the Chinese cannot control the internet how much more bitcoins.

[valuater]

I think my opinion, china is not likely to kill bitcoin because many miner bitcoin in china and in my opinion they are big miner but do not demand the possibility of bitcoin will be killed