The good news of Hong Kong ETF has just been realized and some people are hoping that China will liberalize Bitcoin. To be honest, liberalization is not what I want to see. I always firmly believe that wealth will always be in the hands of a few people. If the bull market is exchanged for liberalization, I believe it will be a mess, and even the 4-year bull market will eventually be broken!

BitcoinLFG revealed that China, which is known for its tough stance on cryptocurrencies, seems to be reconsidering its ban on Bitcoin soon. The news coincided with Hong Kong's major step in accepting Bitcoin, including the approval of a Bitcoin spot ETF.

Many foreign media and crypto communities quoted experts predicting that China is expected to revoke the ban on Bitcoin and cryptocurrencies within three months.

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