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Re:Tether price manipulation by justicezyx on Friday January 08, 2021 @02:14PM (#25688823)
Digital gold is the kill app. That is enough to justify its market cap.

For example, Chinese can use bit coin to exchange large amount of funds to other currency, although this can only be done in private because the official ban.

Re:Tether price manipulation by liuliu on Friday January 08, 2021 @02:24PM (#25688993)
You cannot. There is no exchange from CNY to Bitcoin.
Re:Tether price manipulation by tim333 on Saturday January 09, 2021 @02:47PM (#25703939)
CNY buys mining rigs and electricity which makes bitcoins.
Re:Tether price manipulation by justicezyx on Friday January 08, 2021 @03:02PM (#25689606)
Come on, it was banned, but there is plenty of underground channel... Why is that even needed to be mentioned...

Maybe I should be more clear in the OP.

Re:Tether price manipulation by rognjen on Sunday January 10, 2021 @10:39AM (#25715701)
There are underground channels for USD - CNY as well haha