I saw many people talking about opening up BTC or virtual currency trading in Binance Square. I would like to share a few words:
I have been working in this industry for more than ten years and have experienced two bull and bear markets. The conclusion is: for China, no matter what it is, it must be controlled first!
If the country cannot control it, it is better to abandon it, just like Google back then. If you don’t obey the control, then get out.
The same is true for the blockchain industry. Its decentralized and anonymous characteristics make it difficult to start supervision.
But no matter what, it is absolutely not allowed. What if someone writes in the block: Down with xx Cyberspace Administration? Who should be held accountable? How to delete it? Should we choose to roll back or hard fork?
Therefore, opening up virtual currency trading is purely wishful thinking. Don’t be wishful thinking? China only supports blockchain technology, not token issuance##BTC☀ #区块链创新