Soon Dollar will no longer be global reserve and Both US and China knows it. China Preparing for their Gold backed Yuan to fill the gap and take control. They don't want competition from BTC hence all out war. US has to choose BTC or Yuan. Easy choice! US will embrace Bitcoin!
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I was saying this to everyone .. from the time when China ban news
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Pretty obvious isn't it?
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logic is lost upon many in panic, hence the current price
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China will be forced to respond when the rest of the world begins to soar past them. Keep your citizens pent up inside your walled gardens while crypto begins to decentralize the world and watch the "push" back. It will happen.
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and many chinese citizens are hoarding as a result of this
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Absolutely, I have a few friends who live there. The up and coming generation's tolerance for this far reaching Governmental control is running thin. Continuing to ban crytpo is only fueling this flame.
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China bans it? Cant be that bad! Let's go all in! - USA mentality
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@giancarloCFTC we love your open mindedness free market economics and allowing the American dream “2.0” for a new generation. This will keep#USA as the leaders of the free world !#bitcoin will#MakeAmericaGreatAgain .#godblessamerica#btc#crypto#hodlThanks. Twitter will use this to make your timeline better. UndoUndo
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Yes but China numba wan
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Think this way. You are king and you have to step down but still have to live in the country. Your options are either hand power to another king or hand power to the people as democracy. Now think what The present king will do and what the wanna be king will do. Same happening.
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With the amount of usd America is in debt to China, this is one way to circumvent the payback
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USA USA USA!
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I just spit tea on my windshield. Funny!
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Not for long. When all those money + talent starts bleeding out of their country, they will probably reconsider.
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