Discussion

• @carnage4life Dare Obasanjo on x

  China is transitioning from a pseudo-capitalist to a centrally planned economy. This is the underlying theme in a lot of the tech related policy changes and big tech founder resignations. There's no future for crypto under such a regime. He's dead, Jim. https://www.cnbc.com/...

• @jimcramer Jim Cramer on x

  crypto bulls already saying that this is great for crypto because no longer dependent on PRC and miners will go elsewhere. https://twitter.com/...

• @timseymour Tim Seymour on x

  The move reinforces China's tough stance, the strongest to date from a major economy against the use of digital currencies https://www.wsj.com/...

• @fernandoulrich Fernando Ulrich on x

  If China is banning something, the thing which is banned must for sure be highly valued by its citizens. #Bitcoin is monetary secession. https://twitter.com/...

• @mdudas Mike Daodas on x

  gonna be exceedingly fun to watch china lose the great global money and tech war of the 21st century

• @tyler Tyler Winklevoss on x

  More FUD means buying the dip just got easier

• @reuters @reuters on x

  China intensified a crackdown on cryptocurrency trading, vowing to root out ‘illegal’ activity in trading of bitcoin and other virtual currencies and issuing a nationwide ban on cryptocurrency https://www.reuters.com/...

• @business @business on x

  All crypto currencies, including bitcoin and tether, are not fiat currency and cannot be circulated on the market, the People's Bank of China says on its website. https://www.bloomberg.com/... https://twitter.com/...

• @punk6529 @punk6529 on x

  No better indicator of why crypto matters https://twitter.com/...

• @andrewsteinwold Andrew Steinwold on x

  Ahh some good old fashion China FUD https://twitter.com/...

• @campdadcam @campdadcam on x

  I had a tweet calling this over 6 months ago. As China gets closer to the launch of their CBDC all others will be outlawed, then exchanges will be forced to incorporate the digital yuan as a stable if they want to run in China, and the CCP will get all the insight of the users ht…

• @salehahmedd_ @salehahmedd_ on x

  In other news, China bans crypto for the umpteenth time. 🤦🏾‍♂ ️ 😴 Next. https://twitter.com/...

• @themihirv Mihir Vora on x

  It's high time that Indian Government, RBI & other regulators take a clear stance towards #cryptocurrencies I don't have a view but there are too many investors, traders trading in these and the amounts involved are too large to be unregulated #Bitcoin #BTC #Ethereum #Crypto http…

• @falamb3 Fakhr-e-Alam on x

  Read carefully it says ALL CRYPTOCURRENCY RELATED transaction....RELATED not just direct but related transactions are also illegal. #cryptocurrency #CryptocurrencyNews #btc #bitcoin #BITCOIN https://twitter.com/...

• @demopj @demopj on x

  “The People's Bank of China said services offering trading, order matching, token issuance and derivatives for virtual currencies are strictly prohibited. Overseas cryptocurrency exchanges providing services in mainland China are also illegal.” https://www.cnbc.com/...

• @sentoomey Senator Pat Toomey on x

  China's authoritarian crackdown on crypto, including #Bitcoin, is a big opportunity for the U.S. It's also a reminder of our huge structural advantage over China.

• @dwr Dan Romero on x

  you: “China banned bitcoin” me: “which time?” https://twitter.com/...

• @jerallaire Jeremy Allaire on x

  1/5 A message to US and Western Policymakers on how to think about China's approach to crypto and blockchain. China opposes the Western system of values built on openness, transparency, privacy, free market competition and so forth.

• @bobbyclee Bobby Lee on x

  Don't panic: #China has just banned #Bitcoin again! This time, the ban targets trading on offshore exchanges (using VPN), as well as using local agents or OTC services to exchange from CNY to & from USDT. As bad as this may sound, it's actually NOT the last nail in the coffin!

• @michael_saylor Michael Saylor⚡️ on x

  Nothing has created more wealth in the past decade than technologies banned in China. #Bitcoin

• @timcast Tim Pool on x

  now all the poor people will panic sell rich people will buy it up then the value will skyrocket again leaving poor people holding the bag https://twitter.com/...

• @steve_hanke Steve Hanke on x

  The price of #Bitcoin tanked over 9% to $41,083 following China's crypto ban announcement. Why should decisions made by the Communists in Beijing impact the assets of everyday Salvadorans? Because @nayibbukele is speculating with taxpayers' money. https://www.bbc.com/...

• @isgoodrum Ian Goodrum on x

  Xi announces an end to coal financing, the world's first thorium reactor is about to be turned on, and now this. China has done more for the environment in a week than the rest of the world has in years. https://twitter.com/...

• @steve_hanke Steve Hanke on x

  In the minutes following China's crypto ban, #Bitcoin's price tumbled more than 9% to $41,083. This decision was made 9,000mi away from ELSL, but caused an instantaneous loss of ~$3.5mm worth of Salvadoran taxes. Just more dips to buy right, @nayibbukele? https://www.reuters.com/…

• @reptomemmer Tom Emmer on x

  Open. Permissionless. Private. If China bans it, you know it's something worth fighting for. https://twitter.com/...

• @eleanorterrett Eleanor Terrett on x

  True. Let's see if the @SEC_Enforcement will recognize or let the opportunity go to waste. https://twitter.com/...

• @nlw Nathaniel Whittemore on x

  Every time China bans us the price dips for a bit and then a couple months later everything is back except we also have meaningfully less China risk, so....🤷‍♂ ️

• @kylebrussell Kyle Russell on x

  Oh and if all the mining happens here and we make our grid green then crypto will be green https://twitter.com/...

• @bmorrissey Brian Morrissey on x

  I'm no laser eyes guy, but China's moves to try to control crypto provide a great opportunity for the US and Europe to take a divergent approach of setting up transparent rules and letting the market do its thing. https://www.ft.com/...

• @timdraper Tim Draper on x

  Xi taking #China back to the dark ages. Has anyone noticed that they make these announcements about every two weeks? Methinks he doth protest too much about #crypto #Bitcoin. The Chinese people are smarter than this. #undergroundeconomy https://www.bbc.com/...

• @therealkiyosaki @therealkiyosaki on x

  China announced this morning a new crackdown on Crypto. What does that mean? It means China is about to launch its Government crypto coin. If US follows, Fed coin means Bitcoin outlawed, US becomes Centralized Gov, like China, US communism begins, our freedoms end. Take care.

• @warrendavidson Warren Davidson on x

  America has an incredible opportunity to protect personal digital wallets, embrace true distributed ledger technology, and strengthen our advantage over China's authoritarian Communist Party. https://www.wsj.com/... via @WSJ

• @reptomemmer Tom Emmer on x

  Digital. Authoritarianism. China is forcing its citizens away from decentralized currency and onto the digital yuan so the CCP can track all money movements. You fear Big Brother? Then you should also fear what the Fed might be designing. https://www.wsj.com/...

• @francissuarez Mayor Francis Suarez on x

  China banning Bitcoin is a massive mistake with impacts that will be felt for generations. Their loss is our gain and America can and will lead the future by providing a clean power home for Bitcoin miners and all who are building on/with/for #Bitcoin. https://www.wsj.com/...

• @kimdotcom Kim Dotcom on x

  China is setting the stage to force its own state controlled crypto currency on its citizens. The same will happen in most G20 nations. But crypto prohibition is doomed. Too many people already had a taste of crypto freedom and won't go back. #Crypto

• @cryptoyieldinfo @cryptoyieldinfo on x

  2013 banning of bitcoin in China: https://www.forbes.com/... 2017 banning of bitcoin: https://www.theverge.com/... And the 2021 one planted today, probably by someone looking for a big buy, which was actually weeks old. Nice 4 year cycle. Going to be great end of 2021.

• @zerohedge @zerohedge on x

  Every time China's economy is in trouble and there is capital flight via virtual currencies, Beijing declares crypto illegal https://twitter.com/...

• @rachaelrad Rachael Horwitz on x

  Headlines this morning really should read: China continues long running, ineffective attempts to suppress use of cryptocurrencies https://twitter.com/...

• @twobitidiot Ryan Selkis on x

  What's really sad is how exciting China's crypto policies are to Elizabeth Warren, Gary Gensler, and the rest of the extreme Left that now controls our financial system. The only thing that separates them and the CCP are constitutional checks from the opposition party & SCOTUS.

• @danprimack Dan Primack on x

  So.... about that argument that a big value of decentralized currencies is that they can operate successfully in autocratic countries that don't want them there...

• @johnnie_jacks Johnnie Jacks on x

  I think crypto in general is very incompatible with Chinese economic strategy and it would be great if they banned it once and for all, we deal with it and move on Don't get it twisted though, new FUD will find a way Just be nice to have something else to talk about for once http…

• @el33th4xor Emin Gün Sirer🔺 on x

  This is from 4 years ago, back when China banned crypto only the 156th time. https://twitter.com/...