3/ one first might ask "Why?" What is so scary about this math that frightens communist bureaucrats? Well freedom, duh. Power to the people
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4/ so they are shutting down exchanges- miners and nodes are very likely next- read that again- without miners & nodes Bitcoin is hampered
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5/ what if the great firewall succeeds? Usually when a country bans something the black market increases and price rises
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6/ a really successful ban of something can indeed succeed in reducing demand- especially if the ban ruins capabilities of the product/ tech
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7/ but it's very unlikely -- there are millions of Chinese Bitcoiners aided by millions more outside -- it will be impossible to stop them
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8/ we won't need to dig tunnels for them or smuggle Bitcoin into China - it is & will remain trivial - which means he laws will be ignored
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9/ politics aside -- this is THE fight for Bitcoin and all related tech. If some old men in uniforms can stop it it's not worth a damn
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10/ but if it makes it...if it grows (I'm not talking outside China, that will happen anyway- but in China) then it can't be stopped
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11/ the time to be polite to Chinese officials is over- if you believe in cryptocurrency, it's time to stand with the citizens in resistance
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12/ the boss fight is on- if China wins, crypto is a failure, if we beat China then we are undeniably the future of global money and value
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in other news, Japan is the new China, in a good way. at least for now.https://www.cointelegraph.com/news/japan-becomes-largest-bitcoin-market-as-traders-leave-china …
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