You are viewing a single comment's thread from:
RE: What happens if China decides to lift its ban on Cryptocurrency Exchanges?
Chinese culture is extremely controlling. It's a to down hierarchy, those up the top want strict controls. Believing the ban will be lifted is day dreaming. What is possible is for Chinese blockchain companies to be given some room to operate, but ones like Bitcoin or even the likes of Verge which focus on privacy will never be accepted.
The reason why the Chinese government is extremely controlling boils down to social order. If banning cryptos currencies creates social order, then the government will no doubt keep cryptos in their bad books to keep things in status quos.