RE: China Puts On Harsh Sentences For Bitcoin Fundraising
Bitcoin is a monetary network, it means that it's not the amount of users coming in but the amount of value it brings in. As western economies in Europe try to tighten their grip on flows into Bitcoin and China do too, it only means massive capital allocators cannot get exposure.
This helps with the early redistribution of value and keeps the little guy in the pound seat if he or she is willing to stack. Once the exclusion of the bitcoin standard comes back to bite your country as others progress past you, those flood gates will eventually release.
Dear @chekohler, I didn't know about cryptocurrency, but I could understand a little bit by reading your article.
I've always wondered how cryptocurrencies can affect the world's politics, economy and life.
As you argue, if Chinese students and citizens in 1989 received global funding through cryptocurrencies, their protests may have been successful.
I thought that if cryptocurrencies displace fiat money and dominate the world, individuals could easily get global money and develop the world in a balanced and equitable way.