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> China has "banned Bitcoin" dozens of times over the last decade This is a false narrative pushed by the Bitcoin cult. It's supposed to create an impression t

> China has "banned Bitcoin" dozens of times over the last decade This is a false narrative pushed by the Bitcoin cult. It's supposed to create an impression that nothing has changed, so the price should not change.

shlant 5y ago
or it's completely factual? 2013: https://www.bloomberg.com/news/articles/2013-12-05/china-s-pboc-bans-financial-companies-from-bitcoin-transactions https://www.bloomberg.com/news/articles/2013-12-05/china-s-p... 2015: https://archive.is/Higoz https://archive.is/Higoz 2017: https://www.reuters.com/article/us-bitcoin-china-idUSKCN1BJ1US https://www.reuters.com/article/us-bitcoin-china-idUSKCN1BJ1... 2018: https://www.businessinsider.com/china-eliminates-all-cryptocurrency-trading-2018-2 https://www.businessinsider.com/china-eliminates-all-cryptoc... 2021: https://archive.is/s7nbw https://archive.is/s7nbw "China Has Banned Bitcoin 13 Times Since 2012": https://finance.yahoo.com/news/china-great-bitcoin-mining-migration-134452993.html https://finance.yahoo.com/news/china-great-bitcoin-mining-mi...
- ipodopt 5y ago
  A more informed history might be built like so: https://translate.google.com/?sl=auto&tl=en&op=docs https://translate.google.com/?sl=auto&tl=en&op=docs https://www.google.com/search?q=%E5%8A%A0%E5%AF%86%E8%B4%A7%E5%B8%81+++site:pbc.gov.cn&client=ubuntu&channel=fs&tbas=0&tbas=0&source=lnt&sa=X&ved=2ahUKEwirgJiOiZjzAhUPv54KHV5UBLEQpwV6BAgBECA&biw=1848&bih=968&dpr=2 https://www.google.com/search?q=%E5%8A%A0%E5%AF%86%E8%B4%A7%... This seems like another step on a journey to maintain control over assets. So not the same thing as you have linked but nothing that should effect the market as China has been clear on its intentions. I would be more curious about the larger game. A few front runner governments will establish there own ways to deal with crypto and then others will copy from a, b ,c. China's methodology is becoming more formal and therefore more copy able. I think we can already see the larger pattern and we already know who copies who traditionally... Would love to see a write up from this perspective.
- lostmsu 5y ago
  2017 and 2018 articles are actually consequent steps: 2017 - ban internal exchanges, 2018 - ban external exchanges from offering services in China.
- RivieraKid 5y ago
  No, because those are different restrictions of different crypto-related activities. You basically claim that Bitcoin was banned a month ago in China. But that is not true, it was legal to make Bitcoin transactions.
aazaa 5y ago
You are not paying attention. https://old.reddit.com/r/Bitcoin/search?q=china+ban+bitcoin&restrict_sr=on https://old.reddit.com/r/Bitcoin/search?q=china+ban+bitcoin&...

shlant 5y ago

or it's completely factual? 2013: https://www.bloomberg.com/news/articles/2013-12-05/china-s-pboc-bans-financial-companies-from-bitcoin-transactions https://www.bloomberg.com/news/articles/2013-12-05/china-s-p... 2015: https://archive.is/Higoz https://archive.is/Higoz 2017: https://www.reuters.com/article/us-bitcoin-china-idUSKCN1BJ1US https://www.reuters.com/article/us-bitcoin-china-idUSKCN1BJ1... 2018: https://www.businessinsider.com/china-eliminates-all-cryptocurrency-trading-2018-2 https://www.businessinsider.com/china-eliminates-all-cryptoc... 2021: https://archive.is/s7nbw https://archive.is/s7nbw "China Has Banned Bitcoin 13 Times Since 2012": https://finance.yahoo.com/news/china-great-bitcoin-mining-migration-134452993.html https://finance.yahoo.com/news/china-great-bitcoin-mining-mi...

ipodopt 5y ago
A more informed history might be built like so: https://translate.google.com/?sl=auto&tl=en&op=docs https://translate.google.com/?sl=auto&tl=en&op=docs https://www.google.com/search?q=%E5%8A%A0%E5%AF%86%E8%B4%A7%E5%B8%81+++site:pbc.gov.cn&client=ubuntu&channel=fs&tbas=0&tbas=0&source=lnt&sa=X&ved=2ahUKEwirgJiOiZjzAhUPv54KHV5UBLEQpwV6BAgBECA&biw=1848&bih=968&dpr=2 https://www.google.com/search?q=%E5%8A%A0%E5%AF%86%E8%B4%A7%... This seems like another step on a journey to maintain control over assets. So not the same thing as you have linked but nothing that should effect the market as China has been clear on its intentions. I would be more curious about the larger game. A few front runner governments will establish there own ways to deal with crypto and then others will copy from a, b ,c. China's methodology is becoming more formal and therefore more copy able. I think we can already see the larger pattern and we already know who copies who traditionally... Would love to see a write up from this perspective.
lostmsu 5y ago
2017 and 2018 articles are actually consequent steps: 2017 - ban internal exchanges, 2018 - ban external exchanges from offering services in China.
RivieraKid 5y ago
No, because those are different restrictions of different crypto-related activities. You basically claim that Bitcoin was banned a month ago in China. But that is not true, it was legal to make Bitcoin transactions.

aazaa 5y ago

You are not paying attention. https://old.reddit.com/r/Bitcoin/search?q=china+ban+bitcoin&restrict_sr=on https://old.reddit.com/r/Bitcoin/search?q=china+ban+bitcoin&...