China did not ban Bitcoin. I honestly have no clue why people think that. They banned ICOs, because like 95% of them are scams, and they shut down exchanges because they could be used for money laundering. Quite reasonable moves, if you ask me. Certainly more reasonable than what I would expect from a totalitarian country like China.
They are planning their own cryptocurrency, but there are no news as to what will happen to Bitcoin then. I heard a rumor that they will only allow exchanges to accept their own cryptocurrency, thus serving as a gateway crypto of sorts, but it's really nothing more than a rumor at this point.
The level ignorance here is mind boggling, the simple fact is 90% simply don't care about reality, note that TRUMP's election was the BEGIN of the current shoot2moon BTC rally, and MAGA is very much a part of the BTC insanity
Yes, the richest men in China all hold BTC, and publicly acknowledge it, and BTC is the 'currency of the gods' in China, its considered more valuable than paper-money, somewhere between paper and gold,
YES China banned ICO from stealing money from retired ppl, china banned exchanges that were selling shit-coin, and the exchanges all moved to taiwan, so-korea, and russia, country's all friendly to ZOG criminal activity
Note that this week with BRR-CME that Goldman-Sachs (ZOG) will now control the price of BTC
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I suspect by controlling the price and manipulating it like they do GOLD (LIBOR) that in time GS will control the majority share of BTC.
