China; Ohhh the IronysteemCreated with Sketch.

in #cryptocurrency7 years ago

China just can't decide if they like crypto or not 


Amongst all this madness, China has some of the best blockchain projects coming out of it. The irony of the situation is quite apparent. What about the cryptocurrency ratings released by The China Electronic Information Industry Development (CCID) Blockchain Research Institute? They seem to love cryptocurrency based on these reports yet ban any platform spreading information regarding crypto. Irony? I think so.

Regulation to this degree never works and people will find a way around it. When will China , or any government for that matter, learn? Honestly, when governments react like this towards something, it means it's a good thing. When bankers say cryptocurrency is bad, then you know it's a good thing. I guess any publicity is good publicity, right?