There was a time when owning physical gold was banned, look at what happened to those who cut their losses, they're broke debt slaves right now. sure massive bans could lead to further dips short term, but long term it's gonna go up anyway, just look at how much fiat is collapsing right now, and not everyone wanna use government spyware currency with expiry date which is what they plan to replace fiat with.
also known as "how to shut down every crypto exchange under EU jurisdiction" which is the point, I guess
First China and now this. If this isn't game over for crypto, it's going to be many years before it's even close to where it was a few months ago.
/whistle...
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/explosion sound
Well shit.
They already have digital currency via their regulated banks.
I'm hanging on but I won't be investing anything additional.
I guess it would still hold value in the event of a crash... as I change my legal name to cope-y copington
There was a time when owning physical gold was banned, look at what happened to those who cut their losses, they're broke debt slaves right now. sure massive bans could lead to further dips short term, but long term it's gonna go up anyway, just look at how much fiat is collapsing right now, and not everyone wanna use government spyware currency with expiry date which is what they plan to replace fiat with.