The future of crypto

[cryptoknows]

Thanks to cryptocurrency, many people around the world have become richer, some have become multibillionaires in less than a year. Of course, a monopolistic country like China does not really like this situation, but when huge technologies of the future are behind the cryptocurrency, for example, like the Near Protocol, then no one can stop this machine, because Near has an excellent fundamental technology, this will allow the Internet to reach a completely different level. And this is only one project out of a hundred. Therefore, no one will be able to stop the development of cryptocurrency, one way or another, this is future humanity

[Shasha80]

Yes, it is. Whether China still banning and even prohibiting its people from mining bitcoin will not stop bitcoin from growing because many countries still support bitcoin. China will regret that and I think China has a secret plan for bitcoin. Maybe the China government wants to mine bitcoin for themselves and not allowing their people to benefit from bitcoin. It gives the other miners a chance to mine bitcoin and they will use that for their own benefit.

No single country is able to control Bitcoin, so China banned Bitcoin and also spread FUD about Bitcoin several times. It only makes Bitcoin price
drop temporarily, so I believe China will never be able to stop Bitcoin's growth. Therefore almost every year China always tries to drop Bitcoin,
but its efforts always fail, because the price of Bitcoin is still rising. Even now that Bitcoin price is starting to recover by rising above $40k, I believe
the future of crypto is bright, and China will not prevent that from happening. I don't know if China has any secret plans for Bitcoin, for sure we
shouldn't worry and panic about what China is doing to Bitcoin.

[Princejebs]

Future of crypto is Privacy Protocol tokens.

Monero for transactions, Opacity for Storage, Waves for DEX

You just mentioned all your whats contained in your bags. Nice one buddy
Old coins or rather old project are still the most performing assets with good future, in my opinion though.
DeFi where all shouts and noises except the ones who. Luckily get listed on Binance and are still patronised by its whales. Majority of them are down, the worst are still doge killers.

[mamesso]

Because China is a communist country. Chinese government bans crypto in their country because they don't want cryptocurrencies to compete with Yuan, Moreover, cryptocurrency cannot be controlled by a state institution. Even though China banned crypto, but it will never stop the development of crypto in the future, because some countries on the European continent and the American continent have welcomed the presence of cryptocurrencies.

[el kaka22]

I still seriously consider that crypto will be alternative payment method in the world. I know we are long way further from it, I know that there is still a lot of things that need to be fixed before that happens, mainly the fees considering how high they are and they are a big reason why we do not have a daily stuff, but at the end of the day we are talking about something that should not even be a question, it is such an easy way to store your money away from the bandits that are banks and governments. Isn't it sad that instead of being afraid of criminals, we are more afraid of the wealthy and the powerful?

Those people like politicians and bankers and big corporation CEO's are more dangerous than all of worlds criminals combined, you can take out every single criminal in a jail and put them in congress and put every congress member in jail, and the world will not be "that" different compared to today.

[Teraboy]

Chinese government bans crypto in their country because they don't want cryptocurrencies to compete with Yuan, Moreover, cryptocurrency cannot be controlled by a state institution.

Agreed, that's why this country is against crypto by banning it right now. So many times people have been saying that if we can't enter to the china and there are lots of countries will welcome to the crypto.
it seems like there are more and more countries will be using crypto for sure.
It's just the matter of time until crypto will become a very very big thing for sure.

[michellee]

Yes, it is. Whether China still banning and even prohibiting its people from mining bitcoin will not stop bitcoin from growing because many countries still support bitcoin. China will regret that and I think China has a secret plan for bitcoin. Maybe the China government wants to mine bitcoin for themselves and not allowing their people to benefit from bitcoin. It gives the other miners a chance to mine bitcoin and they will use that for their own benefit.

No single country is able to control Bitcoin, so China banned Bitcoin and also spread FUD about Bitcoin several times. It only makes Bitcoin price
drop temporarily, so I believe China will never be able to stop Bitcoin's growth. Therefore almost every year China always tries to drop Bitcoin,
but its efforts always fail, because the price of Bitcoin is still rising. Even now that Bitcoin price is starting to recover by rising above $40k, I believe
the future of crypto is bright, and China will not prevent that from happening. I don't know if China has any secret plans for Bitcoin, for sure we
shouldn't worry and panic about what China is doing to Bitcoin.

China can not stop bitcoin. That is why they spread FUD about bitcoin because they have another plan for bitcoin. Maybe they want to see the bitcoin price is down deeper to buy many bitcoin with their money. But we hope every time China spreads FUD, it will not impact the bitcoin price, and even if that is impact, the impact will not be too big. I also believe the bitcoin price will rise in the future, even it will pass $60k and although we need to wait for more, we consider that it will be our time to accumulate more bitcoin. Yes, we should not worry about anything, including if China spreads another FUD.

[Shasha80]

~

No single country is able to control Bitcoin, so China banned Bitcoin and also spread FUD about Bitcoin several times. It only makes Bitcoin price
drop temporarily, so I believe China will never be able to stop Bitcoin's growth. Therefore almost every year China always tries to drop Bitcoin,
but its efforts always fail, because the price of Bitcoin is still rising. Even now that Bitcoin price is starting to recover by rising above $40k, I believe
the future of crypto is bright, and China will not prevent that from happening. I don't know if China has any secret plans for Bitcoin, for sure we
shouldn't worry and panic about what China is doing to Bitcoin.

China can not stop bitcoin. That is why they spread FUD about bitcoin because they have another plan for bitcoin. Maybe they want to see the bitcoin price is down deeper to buy many bitcoin with their money. But we hope every time China spreads FUD, it will not impact the bitcoin price, and even if that is impact, the impact will not be too big. I also believe the bitcoin price will rise in the future, even it will pass $60k and although we need to wait for more, we consider that it will be our time to accumulate more bitcoin. Yes, we should not worry about anything, including if China spreads another FUD.

It is possible that China considers Bitcoin as a threat to the digital Yuan, so China does various ways to make Bitcoin die. Like spreading FUD and
banned Bitcoin, but China forgets that whatever it does will not make Bitcoin die. No matter how many times China tries to bring down Bitcoin,
Bitcoin will always rise again. Maybe China thinks they're a big country, so China is quite confident in what it is doing. But no matter how Bitcoin
can't be stopped, Bitcoin will always grow, there is still a lot of demand for Bitcoin. It is proven that the price of Bitcoin is increasing every year,
meaning more and more people are investing in Bitcoin. So never doubt the future of Bitcoin.

[Chuky92]

Nowadays it looks more like banned news from China do not bother anyone again, I mean every now and then, one ban news or the other, one might even ask if at all they have any thing like good news. We have been hearing about their banning crypto and so on, but looks like miners are already fade up with their consistent disruption of their business hence moving to other regions mostly the North America, at least this will reduce their Influence on the market a whole lot, and as it reduces their Influence it takes them backwards.  The future of crypto is already mapped out and that is, it will only keep getting better, because it will be hard for any country to totally stop their citizens from using crypto even though they have their own national digital currency.
Therefore, ban news or whatever fud from China no longer move many as it used to, because the adoption is getting more interesting and intense.

[michellee]

~

It is possible that China considers Bitcoin as a threat to the digital Yuan, so China does various ways to make Bitcoin die. Like spreading FUD and
banned Bitcoin, but China forgets that whatever it does will not make Bitcoin die. No matter how many times China tries to bring down Bitcoin,
Bitcoin will always rise again. Maybe China thinks they're a big country, so China is quite confident in what it is doing. But no matter how Bitcoin
can't be stopped, Bitcoin will always grow, there is still a lot of demand for Bitcoin. It is proven that the price of Bitcoin is increasing every year,
meaning more and more people are investing in Bitcoin. So never doubt the future of Bitcoin.

Yes, maybe China does not like the bitcoin popularity bigger than their digital Yuan so they do not allow their people to use bitcoin and banned bitcoin. The more China denies and prohibits bitcoin, bitcoin will become stronger because many countries will support bitcoin in the future. China will not be able to defeat bitcoin or control bitcoin and hopefully, the China government will know about that sooner or later. But when China realizes that, that will be too late for them or their people to join in bitcoin because bitcoin will be in many countries.

[maartenhaha]

Yes, maybe China does not like the bitcoin popularity bigger than their digital Yuan so they do not allow their people to use bitcoin and banned bitcoin. The more China denies and prohibits bitcoin, bitcoin will become stronger because many countries will support bitcoin in the future. China will not be able to defeat bitcoin or control bitcoin and hopefully, the China government will know about that sooner or later. But when China realizes that, that will be too late for them or their people to join in bitcoin because bitcoin will be in many countries.

China will not forever ban bitcoin activity and one day China will again support crypto because the crypto community in China will remain strong and the Btc market will continue to grow despite another FUD attack from China.

[mamesso]

Chinese government bans crypto in their country because they don't want cryptocurrencies to compete with Yuan, Moreover, cryptocurrency cannot be controlled by a state institution.

Agreed, that's why this country is against crypto by banning it right now. So many times people have been saying that if we can't enter to the china and there are lots of countries will welcome to the crypto.
it seems like there are more and more countries will be using crypto for sure.
It's just the matter of time until crypto will become a very very big thing for sure.

Although china is against the presence of crypto in their country, but there are still so many countries that welcome the presence of crypto, Cryptocurrencies don't need support from China to thrive, because cryptocurrency is a digital currency that is used as a virtual transaction tool in the internet network and has a decentralized nature, with the advantages of using blockchain technology, will make it easier for each user when making transaction.

[Digital_Lord]

It will not happen. I don't think that the other countries will follow China and ban mining in their country. It will give a loss to the country that will ban it. Maybe china allows mine Bitcoin in their country.

[travwill]

Because China is a communist country. Chinese government bans crypto in their country because they don't want cryptocurrencies to compete with Yuan, Moreover, cryptocurrency cannot be controlled by a state institution. Even though China banned crypto, but it will never stop the development of crypto in the future, because some countries on the European continent and the American continent have welcomed the presence of cryptocurrencies.

Of course it won't. We know enough examples of such prohibitions in history, this always leads to the fact that the demand for prohibited things increases.
China will really have to spend a lot of effort to gain at least some control over the movement of cryptocurrency funds of Chinese citizens.

[Rahman11]

I think it’s a common policy from this kind of Autocratic communist government, they're always denied freedom of all sides like this kind of also, cryptocurrency is totally decentralized so this type of government want to control over this type of freedom.

[Insomnia family]

Problems like that will always arise at any time, be it today, the day after tomorrow and so on. Not only China or even Korea, but there are still many countries out there who don't like the cryptocurrency industry. so don't be surprised if governments in every country in the world oppose policies or other things related to the cryptocurrency industry.

[rosebrand]

No matter what China does, bitcoin will still find it's way through, no matter the ban we can still bet that there are still Chinese citizens who still hodl and trade bitcoin in order to make profits, and about other countries joining them, this can't be possible but if it happens bitcoin will still survive because there are tons of big investors who believes in bitcoin and would always want to buy up any dip there see. Most countries bans bitcoin but it's citizens still continue their activities with bitcoin.

[DarkDays]

China is always two steps ahead of all other countries in terms of future tech and I think the reason why they ban crypto miners is because of their CBDC but what will happen if other countries later follow the same steps? Will this put crypto in trouble?

The crypto and blockchain industry has expanded so much that one country's ban will not affect it.

If you think about it, China had almost no choice but to remove digital currency competitors to enable their own digital coin to become the norm.

Even if other countries will follow suit, they will do so at the expense of losing highly intelligent people who are an asset to their economy (just like China did as most crypto people had to move abroad), blockchain based businesses which are innovative with disruptive potential will also be at risk...

This type of decision is a heavy one to make because it heavily affects the economics of that country, and with crypto expanding more than ever the task will be challenging which is why the regulatory approach seems far more reasonable.

[cabron]

I think it's related to government regulation, if all countries do the same as china it will have an impact on the price of crypto for a while but for long time crypto will stay alive. remember the concept of cypto created is decentralized, so no one can control it. so I believe the future of crypto will be fine even if there are countries that restrict it

The regulation of countries to binance and cryptocurrency will legitimize its use to the people imo. There will be no stopping of cryptocurrency whether they like it or not, the people who prefer to have their own control of their money is the option for them. Whether CBDC will also exist in a country, there will still be option for the people to use crypto.

[Shasha80]

Yes, maybe China does not like the bitcoin popularity bigger than their digital Yuan so they do not allow their people to use bitcoin and banned bitcoin. The more China denies and prohibits bitcoin, bitcoin will become stronger because many countries will support bitcoin in the future. China will not be able to defeat bitcoin or control bitcoin and hopefully, the China government will know about that sooner or later. But when China realizes that, that will be too late for them or their people to join in bitcoin because bitcoin will be in many countries.

China will not forever ban bitcoin activity and one day China will again support crypto because the crypto community in China will remain strong and the Btc market will continue to grow despite another FUD attack from China.

I admit that the crypto community in China is big and strong, unfortunately the Chinese government does not support crypto. Therefore,
sometimes Chinese citizens who use crypto have to carry out activities secretly or maybe move to other countries. Right now the Chinese
government is too arrogant, and doesn't want to accept crypto. Whereas sooner or later the Chinese government will realize the importance of
accepting crypto. But in the end the Chinese government will regret being late in accepting crypto, because other countries have accepted
crypto first. Even though I noticed that almost every year there is always FUD spread by China to make Bitcoin weaken and die. But in the end
the Chinese government plans always ended up failing, because Bitcoin was too strong to be destroyed.