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Why did China ban bitcoin? | And what does that mean for the rest of the world?
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5,622 Views • Nov 4, 2021 • Click to toggle off description
Although cryptocurrency is often considered to be beyond the reach of any government, China’s recent efforts to ban bitcoin shows the potential weaknesses of cryptocurrency systems as well as some other interesting phenomena.

What is the future of the Chinese cryptomarket?
How does it affect the rest of the world?
What is the future of cryptocurrency in general?

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#Facts
#China
#Bitcoin
#Cryptocurrency
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Views : 5,622
Genre: News & Politics
Date of upload: Nov 4, 2021 ^^


Rating : 4.356 (24/125 LTDR)
RYD date created : 2022-01-24T00:26:04.728674Z
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YouTube Comments - 75 Comments

Top Comments of this video!! :3

@ameliachunyeung7259

2 years ago

People fail to understand that the wise stay financial stable by spending less and investing more while the unwise remain poor by spending more and yet not investing like the wise ones do.

42 |

@chicken2jail545

2 years ago

That's why they need DermotCoin, which can purchase anything, but peanut butter.

4 |

@beeweb1137

2 years ago

Control the currency, Control the people...

2 |

@Mehranpathanoo

2 years ago

The instant you change your mentality you have changed your entire life ✊ ✊ ✊ ✊

3 |

@zacrl1230

2 years ago

You state this at the beginning of your video, "shows the potential weaknesses of cypto"... Then you give zero evidence to support this claim. What weaknesses? Edit: on second thought, don't waste my time or yours. Unsubbed.

4 |

@charlesdelaney8109

2 years ago

The market will be very Favourable now due to the rapid growth of Bitcoin which is $64k, The rich won't disclose it so don't be fooled, it's right time to invest, Christmas is on the way

18 |

@teflondon7809

2 years ago

As a beginner who don't understand how Bitcoin trade really works and you really want to make profit from it. I will advise you to first start working with a professional broker

1 |

@manuelmacalinao500

2 years ago

Stop cryptocurrency its a waste of electricity.

3 |

@greenwaltella7267

2 years ago

Bitcoin trading is still considered a profitable venture, the value is way higher today than it was then it is a good investment if you want to gain direct exposure to the demand for digital currency.

2 |

@Hyper_Fox06

2 years ago

Maybe this will help with the global semiconductor shortage as their won't be glut of computers and components. Esp. The extortionate prices of GPU'S. Even the retailers are in on the price gouging now, they go for double the MSRP or more. Frankly I hope that bitcoin mining In China does stop then the market will be flooded with GPU'S the miners are desperate to get rid of while the Govt is closing in on them. Then the scumbags who bought out all the Western markets GPU'S will be stuck with devices they overpaid for and can never make a profit from again.

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@Nothing_Israel

2 years ago

Hire a voice actor, scabs.

1 |

@robertspear4944

2 years ago

I want to also make money out Of thin air also :)

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@bozarkzygarde484

2 years ago

Just give up already

5 |

@danarthur771

2 years ago

i just have two simple questions for those miners.. have you all niggas seen the matrix?! you wanna live in that kind of world?!

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@lup7271

2 years ago

oh look, the same china fud that happens several times a year

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@cryptoinvestment1211

2 years ago

Please Who can recommend me to a professional trader?

2 |

@clipship7940

2 years ago

This channel fell off so bad

1 |

@Boosted98gsx

2 years ago

Chinese propaganda video. Unsubbed.

1 |

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