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RE: The WAR on Cryptocurrency Is Heating Up: TODAY Chinese Government Bans ALL ICO's In China. Like The "Land Of The Free" Whats Next? Is This For Our Own Good?
Very well written.
As far as China is concerned, it wouldn't surprise me at all if this was simply a ploy to tank the market allowing them to collect a larger stake....their way of trying to control something out of their control.
I don't believe these restrictions will stay in place long honestly.
Another possibility is these restrictions lead to a couple very strong coins built upon the regulations they choose to set.
Time will tell, but it caused a lovely Labor Day Sale!
Sharks love blood in the water and I for one have been on a feeding frenzy!
Thanks for sharing your thoughts.
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Hey @johny-clearwater thanks for the comment.
Yes its possible its a fake out ply of that design. I don't know anything about it but its not out of the question.
What are the couple of coins you are referring to that are set to succeed because of the regulations?
Glad for the follow and I hope to contribute more content of value. I will check out your page and see what you have going on!
SteemON!