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Author Topic: China ends term limits, Xi Jinping to rule China for life?  (Read 455 times)
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April 14, 2018, 08:28:13 AM
 #41

China makes the bitcoin expansion slower and lessen the people involvement in the market by their prohibiting activity in respect of cryptos.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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May 09, 2018, 09:06:46 AM
 #42

In different countries, the attitude to bitcoin is completely different from the side of the government, so the time limits are being implemented in the United States, while in China they are abolished at all.
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May 10, 2018, 01:52:10 PM
 #43

In different countries, the attitude to bitcoin is completely different from the side of the government, so the time limits are being implemented in the United States, while in China they are abolished at all.

Well obviously xi isn't much fond of crypto considering china's stand over cryptocurrencies. The xi government also are having quite some issues with other countries including the us concerning territorial issues. I don't know how that would play out but it's likely that china's stand about crypto would be the least of our concern if their rift with other countried escalate

 
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June 23, 2018, 12:09:44 AM
 #44

Horrible news, I would really hate to live in a communist country like China. I wonder if the citizens are even aware that they are being controlled to such an overt degree?

Any country that thinks there shouldn't be a period refresh in the managing powers is quite clearly not a democracy, and should not be trusted to look after the welfare of its people.

To the unfortunate few browsing from China - Get out while you still can.
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June 23, 2018, 01:30:44 AM
 #45

Such a system of government tends to justify all means in its actions with its prerogatives, they may arbitrarily exercise the act of 'political restraint' to their people and political rivals, in this case it's clear the democratic system will not be powerless.

As a bitcoin user, I sincerely hope for them to open all existing doors and to facilitate all the crypto trade that is in the country of China.
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June 23, 2018, 10:08:04 AM
 #46

Well what could we expect from China. It has always been a communist country. All they have been doing is to pull down all other countries in order to rise as the strongest of them all. If rhis is the case for Xi Jinping to rule til he dies, then if he so live long then crypto will forever be banned in China not unless he sees something in it that could probably help boost his country.
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