RE: China Puts On Harsh Sentences For Bitcoin Fundraising

2 comments /

1 yr

0 Min Read

38 words

I agree that PROC sees Bitcoin as competition for it’s Digital Yuan. A competitor it cannot control. I am sad for it’s people as the noose of its totalitarian regime tightens around its neck.

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2 comments

chekohler

1 yr

Once you control the money, you control the highest form of speech, this didn't go well in previous regimes, but they think because they have all this new technology that this time will be different, I am not so confident, but to each their own I suppose

shortsegments

1 yr

I think Elon Musk said that, money is a form of communication. I need to read up on that idea. As for this:

Once you control the money, you control the highest form of speech, this didn't go well in previous regimes, but they think because they have all this new technology that this time will be different, I am not so confident, but to each their own I suppose.

I expect the bad actors to try to monopolize the technology for their gain. China is creating a real 1984 situation.