I came across an article from Bloomberg explaining that OTC platforms are going full steam ahead in China. Here is the article: “[Crypto Traders Defy China’s Crackdown With Secretive Bets](https://www.bloomberg.com/news/articles/2021-05-30/crypto-traders-defy-china-s-crackdown-with-secretive-bets)”.
So despite threats from the Chinese government, investors are still trading Bitcoin.
You can’t stop a revolution in progress like Bitcoin and the cryptocurrency revolution.
China can ban and threaten its people with sanctions, but the Chinese want access to cryptocurrencies. They will always find other ways.
What is happening in China is a lesson for the rest of the world in my opinion.
Rather than trying to ban Bitcoin and cryptocurrencies, governments should seek to accompany this revolution that will not stop from now on.
View Reddit by sylsau – View Source
The post No one can really ban Bitcoin, not even China. appeared first on Crypto new media.