wp to social pro 16421 converted nLi132.jpg 1024x538 1 The Chinese government warns that Bitcoin could become worthless after crypto market crash.

The Chinese government warns that Bitcoin could become worthless after crypto market crash.

-A recent article from Economic Daily, a media outlet run by the Central Committee of the ruling Chinese Communist Party, warned investors about the risk of Bitcoin prices heading to zero.

-The article cites the volatility of the cryptocurrency market and the lack of government regulation as reasons for why Bitcoin is a risky investment.

-The Chinese government has taken a hard stance against cryptocurrency, banning mining and trading within the country.

-Despite the ban, data shows that dozens of reachable nodes securing the Bitcoin network are still running on the territory of China.

 

 

wp to social pro 16421 converted nLi132.jpg The Chinese government warns that Bitcoin could become worthless after crypto market crash.
The Chinese government warns that Bitcoin could become worthless after crypto market crash. 3

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