Alexandoy
VIP Contributor
This thread is a premise that is related to the recent news about China banning the Bitcoin and other crypto currency. Chinese are now prohibited to deal with crypto whether they buy only much more in trading. The Chinese politburo made it illegal for Chinese to transact using crypto currency.
This prohibition of China has greatly affected the crypto currency which is now getting to be a big industry. More than half of the world have crypto users and traders. But with China’s new policy against the crypto it looks like a big blow. Slowly the prices of crypto sinking slightly but in the next days or weeks it can be seen. Now this question in the title, what do you think will happen to the crypto if the US would also ban the crypto? Don’t say this is far fetched because crypto currency is a commodity that is not regulated yet so the government is quite intimidated.
This prohibition of China has greatly affected the crypto currency which is now getting to be a big industry. More than half of the world have crypto users and traders. But with China’s new policy against the crypto it looks like a big blow. Slowly the prices of crypto sinking slightly but in the next days or weeks it can be seen. Now this question in the title, what do you think will happen to the crypto if the US would also ban the crypto? Don’t say this is far fetched because crypto currency is a commodity that is not regulated yet so the government is quite intimidated.