China Soon Out of Cryptoland

[chesatochi]

China will soon be in another vortex zone out of the cryptoland.

The agenda of the government is the following:

• No more payment channels in cryptocurrency.
• Block access to Chinese citizens to external crypto sites.
• Cease crypto mining operations in the country.

The complete story:
Source: https://www.financemagnates.com/cryptocurrency/news/clock-ticking-cryptos-china-central-bank-spells-latest-crackdown/

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Check out my previous posts on my crypto blog

1. Sola.ai review – The Paradise of Pictures and get Paid for It - https://chesatochi.com/sola-ai-review/
2. Cryptocurrency: Complete Bitcoin, Ethereum, Altcoins! Review - https://chesatochi.com/cryptocurrency-complete-bitcoin-ethereum-altcoins-review/
3. Pre ICO – The Strategy to Receive more Candies and Gifts - https://chesatochi.com/pre-ico-strategy-receive-candies-gifts/
4. Crypto InterExchange Fee – A Nice Trick to Reduce the Cost - https://chesatochi.com/how-reduce-crypto-interexchange-fee/
5. Activity on the Blockchain – The True Value Under the Hood - https://chesatochi.com/activity-on-the-blockchain-true-value-behind-hood/
6. Crypto Market Cap – It is not the Only Indicator at your Disposal - https://chesatochi.com/crypto-market-cap-indicator-disposal/

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Comments

[appone]

A big loss for the Cinese people and a desperate attempt by the government to stop the outflow of currency which has been pouring out of the country by every possible avenue.

[chesatochi]

China should have taken the example of Japan.

[appone]

Every government should look at Japan and Switzerland for a more inteligent approach.

[manojm]

Bad news
The country is actually missing some great revolution of the 21st century

[chesatochi]

I am sad for the Chinese citizens.

[blog-beginner]

What will happen to Neo then ? I assume it is the Chinese ethereum.

[chesatochi]

I heard NEO has moved to an independent zone of China or somewhere else in Asia, I am not quite sure.

[blog-beginner]

I will have to read about it before putting my money in Neo. Good that I read this post. Was gonna invest heavily in Neo.

[chesatochi]

On my Steemit newsfeed: https://steemit.com/ethereum/@boxmining/neo-founder-blockchain-in-china-da-hong-fei

[faruque]

What do you think about is it beneficial for your country or not?

[chesatochi]

This will have no impact where I am, and for the rest of the world. When you live with a totalitarian government that what happens and the population cannot say anything about it.

[faruque]

Thats true. Thanks for your comment.

[sharminkona]

wow!amazing crypto land..i like it,,i appreciate this post,,best of luck.

[mousumimou]

Wow..Wonderful china cyptoland ..Really outstanding photo..Thanks dear sharing wonderful photo..I always see your photo..

[triptybarsha]

Thanks a lot for your valuable post sharing........ i like this post. i want your next post sharing us .... all the best my dear friend