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Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by randomopining on Monday April 12, 2021 @09:50PM (#26787344)
Yeah literally that has been my argument too. And I'm invested in this... because number go up.

Ok, so govs ban exchanges and you have your stuff in cold storage. You have to buy/sell p2p? Are people gonna do that just to have this magical deflationary currency? Possibly... but idk.

Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by puranjay on Tuesday April 13, 2021 @05:17AM (#26789917)
Ever wondered why so many crypto projects come from China and Russia and former Soviet states?

Because people who live there know what oppressive governments can do and how unreliable fiat is. I don't think people in the developed world understand it because they haven't really faced oppressive governments.

Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by powerapple on Wednesday April 14, 2021 @02:44AM (#26803754)
In US, BTC had a use such as on Silkroad for drugs and other stuff; in China, at least from what I understand, it has a use of transferring assets out of the country.

If you talk about China specifically, the average people wouldn't consider governments 'oppressive', the approval rate for government is actually quite high.

Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by randomopining on Tuesday April 13, 2021 @09:48AM (#26792068)
Lol like average people there are invested in Crypto?

I'd say it's because it's kind of the "wild west" and they can do scammy stuff and not get hit by the government like in the US or europe.

Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by arcticbull on Tuesday April 13, 2021 @05:55AM (#26790181)
Are you sure it’s not because that’s where scams and cyber attacks against the west come from?
Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by puranjay on Tuesday April 13, 2021 @06:35AM (#26790406)
Yessir, it's surely because of that and not because of the complete state collapse a lot of these people witnessed first hand.
Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by arcticbull on Tuesday April 13, 2021 @11:59AM (#26794193)
Are you sure it's not because that's where cyber attacks come from? Because you do know that trading cryptos is illegal in China. Do you have any data to back up your assertion?