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Why did China ban bitcoin? | And what does that mean for the rest of the world?

Duration: 07:01Views: 5.1KLikes: 119Date Created: Nov, 2021

Channel: Facts.

Category: News & Politics

Tags: crypto futurechina cryptominingchina bitcoin illegaldigital chinese yuanchina crypto banchina crypto newscrypto newsdigital yuanchina crypto illegalchina cryptocurrency illegalcentral bank digital currenciesfactsbitcoin illegalbanofficial digital currenciescryptocurrencycbdcchinaofficial digital currencycbdcscentral bank digital currencychina bitcoin banbitcoinchina cryptocurrency ban

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? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Subscribe to Facts. goo.gl/yEIawC - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - #Facts #China #Bitcoin #Cryptocurrency

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