"Governments are there to help and abide by the willingness of the general population. Not rule over them and tell them what they can and can not do with what little they now own." I believe China sees crypto as a threat against their fiat that they would rather not deal with. That's a dismissal that a huge amount of the population is against. What gets me is that they are not banning gold ownership. The newness of the crypto interest is setting them off. Thoughts everyone?
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Oh totally they are starting to lose power so they start reducing the things we the people can do to gain that power back, its honestly really changed in the last 100 years governments are not cut out to what they use to be and stand for. At some point you just go to far and the people snap. Banks are losing their power as well they are pretty much legal loan sharks, between crypto and peer to peer lending banks are losing a great deal of business and after bailing these jerks out with our tax money a few years ago I could care less about them.