China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
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Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#2Is it just me or has China been doing some crazy regulatory stuff recently. Idk if there's an overall mosaic I'm missing or if these are unrelated.
Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#3China's fast descent into totalitarianism is fascinating and scary. One can easily replace 'bitcoin executives' with 'foreign executives' or 'foreign assets' and see where this is going. I wonder if those companies that choose to outsource all the jobs in their country to China realized what they've done.
Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#4Is it just me or has China been doing some crazy regulatory stuff recently. Idk if there's an overall mosaic I'm missing or if these are unrelated.
China's economy is crashing, and Chinese government is panicking.
Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#5All comments so far have been pro-bitcoin... does nobody think this could actually be a sensible decision?
Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#6All comments so far have been pro-bitcoin... does nobody think this could actually be a sensible decision?
Why would it? The govt let's you go to casino, I should be allowed to do what I want with my money. Totalitarian and Aldo totalitarian govts are scared of bitcoin.
Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#7All comments so far have been pro-bitcoin... does nobody think this could actually be a sensible decision?
HN like Bitcoin because it is cool. HN hates government intervention in general. The outcome is pretty predictable.
Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#8All comments so far have been pro-bitcoin... does nobody think this could actually be a sensible decision?
All 2 comments? Both of which are more about general policy than bitcoin-specific?
Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#9China is a closed economy, it makes sense that they would put a ban on a technology which outside of speculative investment is largely used to facilitate money laundering.
Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#10[deleted]