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> why would they give up free money? Chinese system is a top-down system, once something becomes 政治任务(Political Mission, meaning the top level agenda), they ar
by tanilama 9y ago
> why would they give up free money?
Chinese system is a top-down system, once something becomes 政治任务(Political Mission, meaning the top level agenda), they are basically in a obey-or-die situation and of cause most of them will comply.
Indeed, the Chinese government cannot ban EVERY individual, but they can make it scary enough that most people, unless desperate, will not attempt it. Like, put some exchange owners into prison to make an example, restrict the access to foreign exchanges, or they can even go as far to detect bitcoin protocol and kills it on packet level. That is what they usually do anyway.