News for hackers. Stuff that matters.
Re:China declares cryptocurrency deals ‘illegal’ by RivieraKid on Friday September 24, 2021 @09:25AM (#28642000)
> China has "banned Bitcoin" dozens of times over the last decade

This is a false narrative pushed by the Bitcoin cult. It's supposed to create an impression that nothing has changed, so the price should not change.

Re:China declares cryptocurrency deals ‘illegal’ by ipodopt on Friday September 24, 2021 @12:53PM (#28644938)
A more informed history might be built like so:

https://translate.google.com/?sl=auto&tl=en&op=docs

https://www.google.com/search?q=%E5%8A%A0%E5%AF%86%E8%B4%A7%...

This seems like another step on a journey to maintain control over assets. So not the same thing as you have linked but nothing that should effect the market as China has been clear on its intentions.

I would be more curious about the larger game. A few front runner governments will establish there own ways to deal with crypto and then others will copy from a, b ,c. China's methodology is becoming more formal and therefore more copy able. I think we can already see the larger pattern and we already know who copies who traditionally... Would love to see a write up from this perspective.

Re:China declares cryptocurrency deals ‘illegal’ by lostmsu on Friday September 24, 2021 @02:54PM (#28646421)
2017 and 2018 articles are actually consequent steps: 2017 - ban internal exchanges, 2018 - ban external exchanges from offering services in China.
Re:China declares cryptocurrency deals ‘illegal’ by RivieraKid on Saturday September 25, 2021 @05:11AM (#28651679)
No, because those are different restrictions of different crypto-related activities.

You basically claim that Bitcoin was banned a month ago in China. But that is not true, it was legal to make Bitcoin transactions.

Re:China declares cryptocurrency deals ‘illegal’ by aazaa on Friday September 24, 2021 @10:48AM (#28643184)