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Re: Saving Grace post# 59283

Tuesday, 07/02/2024 6:46:27 PM

Tuesday, July 02, 2024 6:46:27 PM

Post# of 60995
Just so we are partly on the same page, your statements about China banning crypto being some kind of sign that bitcoin is doomed is far fetched at best.

The real history of China and crypto's:

Since the first release of Bitcoin in 2009, China has "banned" crypto 18 times in various degrees from various parts of the Chinese government. The most recent ban was in 2021 (three years later and it's still more popular... so much for that ban). None have been effective and China is still a MAJOR player in mining bitcoin, using bitcoin in trade (I have actually purchased items directly from China using bitcoin), managing mining pools, and finally.... they are the predominant producer of custom crypto mining machines. This is a huge revenue stream for China so they mostly look the other way.

But, if you still think this scares people, I am laughing at you. Watch out for that "ledge of the earth". LMAOAY
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