China declares all crypto transactions ILLEGAL

[Pekelo]

https://www.reddit.com/r/path%3D%252Fr%252Fnews%252Fcomments%252Fpuia2l%252F

 

[JSOP]

China has Spoken!!! Crypto shall DIE!!! All Hail to China!!

 

[maxinger]

Previously Trump moved the market massively.
Now China moves the market massively.

It is great for traders.

 

[hilmy83]

if history has taught us anything, if it's illegal to the government, it's valuable lol

 

[murray t turtle]

China has Spoken!!! Crypto shall DIE!!! All Hail to China!!

%%
US Grant tried to make confederate money worthless; that never really worked /LOL
Even though the bigger bills seem to be worth not as much as the smaller bills , % basis. Pres LB Johnson hating silver coins, strange way to wage war on poverty. I like 'em for the right price.

 

[KCalhoun]

I still don't understand crypto.... : o

ahem, monopoly money, ahem

I'll never buy that made up stuff

 

[NoahA]

I still don't understand crypto.... : o

ahem, monopoly money, ahem

I'll never buy that made up stuff

Isn't the entire value of the US equity system pretty much made up? Without FED printing, what is the value of these stocks post Covid? Without government subsidies, what is the value of green energy companies? (and don't get me wrong, I'm a big fan of green energy).

Lastly, without artificial interest rates, of is the value of a dollar? If banks could only lend money that they actually had in their vaults, the world would look much different.

So in my opinion, most of what we see in the financial world is pretty much made up.

 

[JSOP]

if history has taught us anything, if it's illegal to the government, it's valuable lol

only if people really want it.

 

[murray t turtle]

Isn't the entire value of the US equity system pretty much made up? Without FED printing, what is the value .... I'm a big fan of green energy).....
Lastly, without artificial interest rates, of is the value of a dollar? If banks could only lend money that they actually had in their vaults, the world would look much different.

%%
I also would prefer the green dollars,LOL, that say ''silver cert...'' BUT those are way overpriced now.
NOT really made up, they put in God We Trust on money / about the time we went off gold standard.
Actually they used to do it your way, but that's in the 29-1930s when banks went belly up + Jesse james could wipe out a bank until they wiped Jess out\ $10,000 dead or alive reward.
I do value a silver dollar more than 4 copper clad quarters.
Me, i value monopoly more than bitcon; its a real realty game that teaches REALTY. Me + bro always gave us more mo money than the Parker Bros rule suggested/LOL,

 

[misterkel]

I still don't understand crypto.... : o

ahem, monopoly money, ahem

I'll never buy that made up stuff

You should definitely stick with USD then as it's not made up in any way, but has always existed in the same quantities since time began.