06-22-2021, 09:38 AM
Believe me, we don't want China in crypto.
<!-- SC_OFF --><div class="md"><p>The communist party dictates who can do business and strictly outlines every year the strategy with a 99% majority. </p> <p>If you are a foreigner and want to do business you have to have a Chinese "partner". I worked with a couple of those, I would give a 1/10 rating.</p> <p>Jack Ma went 'missing' when he didn't do with Alibaba/Alipay what the Party wanted. The list of shit in this regard goes on and on and on. </p> <p>Hong Kong, Uyghur people, Taiwan, social credit system... A little more about that. The digital Yuan is a perfect control on the social credit system. No train tickets if you have different views on stuff ?.</p> <p>Do we really want over 50% of the crypto hashing power from China? Btw, whoever HAS money in China or from China abroad DIRECTLY got it from the State.... Because they don't have private banks.</p> <p>In the long term, all this is good for the projects that actually solve a problem (shitcoin are fkd anyway).</p> <p>See you next bull market. I hodl until my daughter turns 18 and she either buys an ice cream in a post apocalyptic world or she can live like a princess from these savings.</p> <p>I sincerely hope all non-brainwashed Chinese top talents move out of China to apply themselves in Europe and Africa.</p> <p>Happy buying!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/jjpdijkstra"> /u/jjpdijkstra </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o4zugh/believe_me_we_dont_want_china_in_crypto/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o4zugh/believe_me_we_dont_want_china_in_crypto/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The communist party dictates who can do business and strictly outlines every year the strategy with a 99% majority. </p> <p>If you are a foreigner and want to do business you have to have a Chinese "partner". I worked with a couple of those, I would give a 1/10 rating.</p> <p>Jack Ma went 'missing' when he didn't do with Alibaba/Alipay what the Party wanted. The list of shit in this regard goes on and on and on. </p> <p>Hong Kong, Uyghur people, Taiwan, social credit system... A little more about that. The digital Yuan is a perfect control on the social credit system. No train tickets if you have different views on stuff ?.</p> <p>Do we really want over 50% of the crypto hashing power from China? Btw, whoever HAS money in China or from China abroad DIRECTLY got it from the State.... Because they don't have private banks.</p> <p>In the long term, all this is good for the projects that actually solve a problem (shitcoin are fkd anyway).</p> <p>See you next bull market. I hodl until my daughter turns 18 and she either buys an ice cream in a post apocalyptic world or she can live like a princess from these savings.</p> <p>I sincerely hope all non-brainwashed Chinese top talents move out of China to apply themselves in Europe and Africa.</p> <p>Happy buying!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/jjpdijkstra"> /u/jjpdijkstra </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o4zugh/believe_me_we_dont_want_china_in_crypto/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o4zugh/believe_me_we_dont_want_china_in_crypto/">[comments]</a></span>Kind Regards R