🔥 Shocking news! Will Longguo allow Bitcoin trading?
If Bitcoin trading is truly fully open, it will undoubtedly trigger a huge change in the global crypto market. However, at present, this possibility is still low, and there are complex financial and regulatory factors behind it.
Key obstacles:
1️⃣ Risk of currency stability and capital outflow
As a global digital asset, Bitcoin is closely related to sovereign currencies such as the US dollar. If trading is fully liberalized, it may trigger capital outflows, especially when facing currency depreciation pressure, which may have a huge impact on the stability of the financial system.
2️⃣ Potential risks in the investment market
After some countries liberalized crypto trading, local capital was "harvested" by large external funds. This not only poses a huge risk to ordinary investors, but may also lead to the formation of market bubbles.
3️⃣ Economic sovereignty and regulatory challenges
Opening Bitcoin trading requires finding a balance between financial security and economic sovereignty. The decentralized nature of Bitcoin makes regulation more complicated and may impact the traditional financial system. It is difficult for the country to completely let it go.
Summary:
Although Bitcoin and the crypto market have attracted much attention, from the perspective of existing policies and financial security, the full opening of Bitcoin transactions still faces great uncertainty. For investors, it is necessary to remain rational and avoid having too high expectations for policy changes.
In addition, the primary market of the currency circle is also worthy of attention. For example, the 𝒑𝒖𝒑𝒑𝒊𝒆𝒔 on the Ethereum chain that I recently discovered has potential!