2/ Source (CN): https://mp.weixin.qq.com/s/U_qDgQN9hceLBbpQ13eEdQ …
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1/ Chinese court confirms Bitcoin protected by law. Shenzhen Court of International Arbitration ruled a case involving cryptos. Inside the verdict: CN law does not forbid owning & transferring bitcoin, which should be protected by law bc its property nature and economic value.
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Was it banned before or something?
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Before this, it was banned then unbanned, then banned and unbanned again, then banned and unbanned once more, then banned and unbanned yet again, then banned and unbanned one more time. So yeah, the madness is pretty much just getting started.
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That’s not correct. It was never banned to own, it was banned to accept Bitcoin as a payment method for goods or services. There is a huge difference.
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Guy asked a question then comes back correcting answers and some expertise... amazing
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Ha I was asking for clarifications, a guy posted some vague misleading answer to my question. I replied what I believed was the status and nothing more. Feel free to contribute something mate.
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I'm just out here my dude... it's all love
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Lmaooo
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i wander if anyone has made one of these but from the start?
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I did it for 2018 actually, The rest I confirmed.
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There is one reason why they call it property: so they can tax it!
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Better this than executing anyone found to be running a node.
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But that would still be better than executing anyone found not to be running a node.
#yourlogic - 1 more reply
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I don't get it. When China says they ban crypto, what does that even mean? I never heard of any fines or real law to support that in the first place...
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Means buy Crypto
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China is a sinking ship, dont care
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Even so it mines 70% of Bitcoin. So it is important for the space until that changes
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It won’t change until the price of electricity rises.... cheap resources equals cheap production. That’s the beauty of
#POS because it’s practically borderless so far as electricity is concerned. You could run a PC on a solar panel.
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