Bitcoin ban in China and some noble countries.

[avikz]

The Chinese government banned bitcoin and all trading connected to it, says it has no regulation and cannot be adopted to their system of foreign exchange. Now they tend to adopt and make use of NFTs, says it's under control. Why can this be? With this issue, it might cause other countries under China to do same.

Does it really matter?? Chinese people are already living in isolation since a long time. Whatever they use, is produced by them and they don't allow any western thing to get into their country. So it's not surprising that China was the first country to ban bitcoin and ICO.

NFTs are anyways rubbish. If China thinks they can control it, let them do it. NFT market will find some new buyer which is already crawling with criminals and money launderers. No impact on the real world!

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[348Judah]

https://twitter.com/BitcoinMagazine/status/1560704470656466946?t=zGhnfY166BVgUG7zgI7XwA&s=19

If i may but confess this about South Africa, they are expressing good indications towards the adoption of bitcoin unlike other countries whose government have laid emphasis on restriction place on banks from performing bitcoin transactions and to close accounts related to such, but South Africa is indeed creating a good impression in attending to the needs of its citizens through a creative mindset that understand people's right in dealing with their finances for a free living.

[jrrsparkles]

First of all ban on cryptocurrencies never worked and even China did number of times and finally they banned mining with other reasons like power shortage,etc. Well China never interested in giving the freedom to the people but with the technology they are already created their own CBDC and now if they're allowing NFTs means the government will have complete data access of the users and their transactions or else they are not going to support it.

[pooya87]

Chinese people are already living in isolation since a long time.

You may be confusing North Korea with China.

Banned all business related to Bitcoin while they are leaning towards NFT.

To be fair the businesses they banned were laundering money. If you search bitcointalk everyone was suspicious of Chinese exchanges with 0 fee and a ridiculously high volumes.
As for NFTs, OP just made a fake claim without proof. They banned NFTs with ICOs.