So, as it turns out, China's government is the second biggest Bitcoin whale, only second to Grayscale.
The whole "governments will ban Bitcoin" is bullshit. They just want your bitcoin for themselves. China has over 8.1 billion in BTC (at $42k) it seized from "illegal" mining operations and trades. They didn't sell it, they didn't auction it. They kept it, then they cracked down on it.
You think they wouldn't have cashed out 8.1 billion if they really thought about banning it "forever"?
They want your coins, and they know they can't take them. Which is why they will try to make you believe anything and make you panic to force you to give it to them willingly.
Don't.
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