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Let’s say Xi wakes up cranky (maybe somebody embeds criticism of him in the blockchain) and bans BTC throughout China. It is now illegal to operate an exchange,
by evouga 6y ago
Let’s say Xi wakes up cranky (maybe somebody embeds criticism of him in the blockchain) and bans BTC throughout China. It is now illegal to operate an exchange, buy or sell Bitcoin, or run a Bitcoin node anywhere in China.
... now what? How do you “transfer money across political boundaries without censorship” into or out of China?
- joshspankit 6y agoIt’s also illegal to access many of the sites on this list (https://en.wikipedia.org/wiki/List_of_websites_blocked_in_mainland_China https://en.wikipedia.org/wiki/List_of_websites_blocked_in_ma...), but it still happens.
- Sargos 6y agoAre you not aware that China has already done that? Multiple times in fact.