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Topic: Chinese are turning towards other means of trading - page 2. (Read 180 times)

legendary
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A recent article reported that China's outlawing of crypto transactions backfires: more Chinese are turning to underground projects and decentralized exchanges without the CCP's control. Do you see global implications for the crypto market?


No, to be honest there’s nothing they can do unless they want to go kicking doors down to check on people. People in China have been using VPN’s & Tor to circumvent their communist ways for many years.
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These underground market so it's going to be a really different one though, I feel like it's not really something that we should worry about, plus they might make it an isolated kind of market that only Mainland China people will be able to use it.
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A recent article reported that China's outlawing of crypto transactions backfires: more Chinese are turning to underground projects and decentralized exchanges without the CCP's control. Do you see global implications for the crypto market?
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