But that does not matter because banning most things is an endorsement to the people. People will flock to it, most can just cross to Hong Kong or Macau and use the many Bitcoin ATM there. Or they will use other method to move money out of the country. Any Chinese born after 1980 would have seen 5+ years of 20%+ inflation. That is why all this gold backed currency talk is needed, the CONfidence is not there.
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Good info in your comment!