Topic: So what's stopping china from banning bitcoin mining? - page 3. (Read 796 times)
I don't think chinese government will ban mining
They have only banned trading bitcoin against their local fiat and not restricting their citizens from trading bitcoin also they are not restricting their people from mining bitcoin and selling them in international trading platform because with this they are importing foreign currency which will make their local fiat stronger.
Hi I think just before a month we saw china banning ICOs and taking severe actions against bitcoin exchanges which led to the shut down of almost all the three big exchanges.We could clearly understand that chinese government is totally against bitcoin.China has the largest number of mining farms in the world.
But still china has not banned mining.So,what's actually stopping china from banning bitcoin mining totally there?
Kindly shed some light on this topic.
But still china has not banned mining.So,what's actually stopping china from banning bitcoin mining totally there?
Kindly shed some light on this topic.
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