It is said that "Rabbit will lift the ban on Bitcoin in the fourth quarter of 2024"

This is how I see this news. In fact, it is not impossible. Don't rush to comment. You will understand after listening to the author.

First of all, Hong Kong has opened it up, in fact, it is to test the waters. It shows that this thing has huge profits, otherwise as a big country, it will not care about this thing.

Some people say that the reason why Rabbit will not open it up is that foreign exchange must be stable. In fact, this is not understanding finance. Players play with price differences, not really want to hold Bitcoin for a lifetime. If Rabbit sets up a special exchange, it can only trade in RMB, deposits can only be made to the exchange, and withdrawals can only be made to personal bank cards in the country, and it is impossible to withdraw money. In this way, the RMB will always be circulated in the licensed exchanges in the country, and it cannot leave the country at all, and it does not involve foreign exchange exchange, so it will not affect foreign exchange, and the whole process has nothing to do with foreign exchange.

This is the same as playing futures. You can't get spot when playing futures, just playing a price difference game. For Rabbit, opening Bitcoin is nothing more than opening one more variety in the futures exchange. Not only will it not affect stability, but it can also generate income. Only when players can withdraw money will it affect stability, because once Bitcoin is withdrawn to the wallet, it is decentralized, uncontrolled, and can circulate freely around the world. This will indeed affect stability, so Rabbit will not allow withdrawals, but it can draw a circle and let you play in it, and collect taxes, as long as it does not affect stability.

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