Are we ever surprised? of course not. The country we are talking about is China. It's a very different country, I still haven't figured out what the government is, communism? or republic? But one thing I'm sure of is that he doesn't value his people at all.
Bitcoin is hope, the hope of the poor. Millions of workers working for $1 an hour in China, if these workers do not work at this low price, China will lose its power and will not achieve its goal, but bitcoin shows that money is not only made by muscle power, if you were the leader of China, wouldn't you ban bitcoin?
1- Educate your people, try to set the idea that each is unique and is part of something bigger. Think of them as unsprouted seeds and water them to grow a greenish forest. That way, each one will be independent and together they will form strong association. At the end you will benefit from them, the will help you to overcome problems.
2- Manipulate your people, close their eyes, and prevent anything that would change their way of thinking. Making them to follow only one path and imposing thoughts will also help you to reach your goals. However, it will only come out of fear and ignorance.
China is applying second one very well, and it is sad for Chinese people. I know it is hard to control people due to huge population, but I believe they could do that without bringing restrictions.
Therefore, I also think it is good that we do not have the Chinese FUD anymore. Things started to brighten up last few days, hope they will even get more brighter.
Thanks for the article.
P.S: If you haven't watched the episode of South Park that makes fun of China, it was pretty funny.
Not offence to any Citizens of China but China is always ahead in creating FUD's + They never come for something from which whole world can be benefitted the government is being just selfish because of the Huge Power's and control's they have on their citizens.
China is a very interesting country. I don't understand what they are doing. Why is bitcoin banned if they want to be the most powerful?
I think bitcoin is also the power. It should be developed rather than banned. Digital yuan beautiful project. But it's not wise to ban bitcoin and make it use. It should do so by offering better deals than Bitcoin.
Banning something doesn't hurt that thing. On the contrary, it makes it even stronger. He may have stumbled a little, but he didn't fall. Bitcoin gets stronger every time it stumbles. Each blow that doesn't kill makes it stronger.
Time will tell if China is right or wrong. It's up to us to make our investments wisely and wait.
Prohibitions now give me confidence instead of fear.
I'll try to explain. If Bitcoin was a trivial and small thing, they would ignore it. To some extent, Bitcoin has been ignored. But those who began to understand Bitcoin began to fear.
This fear is great for bitcoin. These fears tell me that bitcoin is too big and powerful. As someone who believes in Bitcoin, that's great.
A mountain climb. Bitcoin is near its peak. Although sometimes the stone it holds breaks, there are thousands of stones under it that support him. Those stones are us. And at least until we see the peak (not the price) we should support below.
For people who are afraid of China, I will share this wonderful article.
China always forbids something. How many years has it brought restrictions on bitcoin. But the American financial media put these events in the media by foaming too much. It creates FUD (Fear, Uncertainty, Doubt).
This technology brings String in China to other saboteurs. But the real reason for these short-term dreams is these financial media. When it comes to good news, it keeps it in the background. But they are changing the already known bad news and releasing it to the media. Example China, or Elon Musk's post on Twitter in May, said he is concerned about the rapidly increasing use of fossil fuels, especially coal with bad emissions, in Bitcoin mining and operations. Well, didn't Elon Musk know about this before May? Of course, someone as smart as him already knew that. The purpose of the whales is to take what little fish have. Save it until the end.
The decline in the number of miners became especially noticeable in the Chinese autonomous region of Inner Mongolia. Unable to meet China's climate goals, the region's rulers gave Bitcoin miners 2 months to leave the region. Executives cited Bitcoin mining as the main culprit for energy loss.
The best place for cryptocurrency miners leaving China to go is anywhere with low energy costs. One of the possible options in this regard is China's next-door neighbor, Kazakhstan. Coal mines in the country promise cheap and abundant energy, which attracts the attention of miners.
On the other hand, the US state of Texas, which will attract the attention of miners and will become one of the centers of mining, according to experts, is a big and good option. Because the state has one of the cheapest electricity services in the world, it is easier to set up a mining company in the state than any other region. On the other hand, solar and wind power options in the state are also very interesting due to the goal of green energy mining, which is predicted to become a necessity in the future.
İ think , China is missing a great opportunity and is manipulating bitcoin with news like this. Compared to other countries, it can produce bitcoin cheaper with the miner technologies it has. But again, I think it is a strategy implemented by China. They should not forget that Bitcoin is no joke, and it takes its revenge on the people who pollute it.
Are we ever surprised? of course not. The country we are talking about is China. It's a very different country, I still haven't figured out what the government is, communism? or republic? But one thing I'm sure of is that he doesn't value his people at all.
Bitcoin is hope, the hope of the poor. Millions of workers working for $1 an hour in China, if these workers do not work at this low price, China will lose its power and will not achieve its goal, but bitcoin shows that money is not only made by muscle power, if you were the leader of China, wouldn't you ban bitcoin?
China is going all in on censorship.
Eventually the future will tell how wrong they were.
Bitcoin and freedom will prevail.
There are two ways to achieve power:
1- Educate your people, try to set the idea that each is unique and is part of something bigger. Think of them as unsprouted seeds and water them to grow a greenish forest. That way, each one will be independent and together they will form strong association. At the end you will benefit from them, the will help you to overcome problems.
2- Manipulate your people, close their eyes, and prevent anything that would change their way of thinking. Making them to follow only one path and imposing thoughts will also help you to reach your goals. However, it will only come out of fear and ignorance.
China is applying second one very well, and it is sad for Chinese people. I know it is hard to control people due to huge population, but I believe they could do that without bringing restrictions.
Therefore, I also think it is good that we do not have the Chinese FUD anymore. Things started to brighten up last few days, hope they will even get more brighter.
Thanks for the article.
P.S: If you haven't watched the episode of South Park that makes fun of China, it was pretty funny.
Not offence to any Citizens of China but China is always ahead in creating FUD's + They never come for something from which whole world can be benefitted the government is being just selfish because of the Huge Power's and control's they have on their citizens.
China is a very interesting country. I don't understand what they are doing. Why is bitcoin banned if they want to be the most powerful?
I think bitcoin is also the power. It should be developed rather than banned. Digital yuan beautiful project. But it's not wise to ban bitcoin and make it use. It should do so by offering better deals than Bitcoin.
Banning something doesn't hurt that thing. On the contrary, it makes it even stronger. He may have stumbled a little, but he didn't fall. Bitcoin gets stronger every time it stumbles. Each blow that doesn't kill makes it stronger.
Time will tell if China is right or wrong. It's up to us to make our investments wisely and wait.
Have a good read, everyone, and have a good day.
Prohibitions now give me confidence instead of fear.
I'll try to explain. If Bitcoin was a trivial and small thing, they would ignore it. To some extent, Bitcoin has been ignored. But those who began to understand Bitcoin began to fear.
This fear is great for bitcoin. These fears tell me that bitcoin is too big and powerful. As someone who believes in Bitcoin, that's great.
A mountain climb. Bitcoin is near its peak. Although sometimes the stone it holds breaks, there are thousands of stones under it that support him. Those stones are us. And at least until we see the peak (not the price) we should support below.
For people who are afraid of China, I will share this wonderful article.
Thank you for the great article.
Have a nice day.
Watching China Uncensored every day.
China always forbids something. How many years has it brought restrictions on bitcoin. But the American financial media put these events in the media by foaming too much. It creates FUD (Fear, Uncertainty, Doubt).
This technology brings String in China to other saboteurs. But the real reason for these short-term dreams is these financial media. When it comes to good news, it keeps it in the background. But they are changing the already known bad news and releasing it to the media. Example China, or Elon Musk's post on Twitter in May, said he is concerned about the rapidly increasing use of fossil fuels, especially coal with bad emissions, in Bitcoin mining and operations. Well, didn't Elon Musk know about this before May? Of course, someone as smart as him already knew that. The purpose of the whales is to take what little fish have. Save it until the end.
Thanks Sylvain for this nice article.
The decline in the number of miners became especially noticeable in the Chinese autonomous region of Inner Mongolia. Unable to meet China's climate goals, the region's rulers gave Bitcoin miners 2 months to leave the region. Executives cited Bitcoin mining as the main culprit for energy loss.
The best place for cryptocurrency miners leaving China to go is anywhere with low energy costs. One of the possible options in this regard is China's next-door neighbor, Kazakhstan. Coal mines in the country promise cheap and abundant energy, which attracts the attention of miners.
On the other hand, the US state of Texas, which will attract the attention of miners and will become one of the centers of mining, according to experts, is a big and good option. Because the state has one of the cheapest electricity services in the world, it is easier to set up a mining company in the state than any other region. On the other hand, solar and wind power options in the state are also very interesting due to the goal of green energy mining, which is predicted to become a necessity in the future.
Thanks to Bitcoin author Sylvain Saurel for this nice article.
İ think , China is missing a great opportunity and is manipulating bitcoin with news like this. Compared to other countries, it can produce bitcoin cheaper with the miner technologies it has. But again, I think it is a strategy implemented by China. They should not forget that Bitcoin is no joke, and it takes its revenge on the people who pollute it.
Thanks for article.
The Ban means Bitcoin is working, I agree!
China is indeed missing an opportunity, but their ban shows that bitcoin actually works.
Thanks for the article.
China is throwing away excellent opportunities that come its way.
These decisions will hurt them in the future.
I hope they took their precautions.
Bitcoin is not just a fad.
It is hope and it is our future.
People will not sell their hopes and they will continue to believe.
This will be a defeat for China
Thanks for the article.
A country that has officially wrapped itself in bans.
Their sanctions are no longer surprising.
They deliberately make themselves closed to development.
I definitely think that new sanctions should be imposed on China.
Otherwise, the Chinese people will continue to migrate and find different ways to produce Bitcoin.
They are in a lost war.
thanks for the article
Anyone who appoints himself as head of state for life will of course be against bitcoin.
bitcoin means freedom.
And if you are against freedom, it is inevitable that you will be against bitcoin.
but we know
When we look at world history, those who defend freedom have always been successful in some way.
China's ban on bitcoin doesn't diminish its value.
makes it more valuable.
In a way, this remains good news.
yes now the miners are leaving China and focusing on using more environmentally friendly energy in their new campus.
bitcoin continues to grow
by destroying all the obstacles in front of you.
Thanks for the great article.
This ban really put away the Chinese money from Bitcoin?, I don't think so