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❕NEWS Elon Musk Explains How Crypto Is A Danger To Chinese Communist Party.

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Elon Musk is always in support of cryptocurrencies and he his committed to lift people out of the FUD China keep causing the in the cryptocurrency market. He recently revealed during a Code Conference that took place on September 28, how cryptocurrency is a danger to the Communist Party of China. He notes how crypto is beyond the centralized government's control and that's why its valuable, as it tends to reduce the power of centralized government. Elon Musk believes that cryptocurrencies is for the long haul, as he sees the market going up soon.
 
The bitcoin is not a danger but he is himself the danger and the ones that have followed him are broke actually people should always follow the analysts that have key market action and not such clowns more than 34% of the dogecoin investors are down at the moment and I see that they are not coming back to normal in the next 2-3 years to be honest
 
Elon Musk is always in support of cryptocurrencies and he his committed to lift people out of the FUD China keep causing the in the cryptocurrency market. He recently revealed during a Code Conference that took place on September 28, how cryptocurrency is a danger to the Communist Party of China. He notes how crypto is beyond the centralized government's control and that's why its valuable, as it tends to reduce the power of centralized government. Elon Musk believes that cryptocurrencies is for the long haul, as he sees the market going up soon.
I really do not agree with Elon musk because cryptocurrency is valuable and every country every part of the world is fighting so hard to make cryptocurrency their regular currency that they can use to buy something or trade anytime and anyday. So I don't think cryptocurrency will do any harm to China
 
It's very difficult for governments to ban crypto because of it's decentralized nature. Crypto has placed financial freedom in the hands of everyone removing them from government control. Most governments attribute protection of it's citizens as a reason for the ban but you can't condemn crypto because of the scams going on.
 
I really do not agree with Elon musk because cryptocurrency is valuable and every country every part of the world is fighting so hard to make cryptocurrency their regular currency that they can use to buy something or trade anytime and anyday. So I don't think cryptocurrency will do any harm to China
It's not like crypto currency can actually literally harm china. But having no control would harm their ego. Take pandas for example they want control so bad they are not allowing any other countries own them. They want something they can own and have control and they cannot do that with crypto currency
 
that's why the Chinese government doesn't want cryptocurrency ,I guess they have seen that crypto currency could be a danger , they want the state to gain control on over everything ,but cryptocurrency decentralized nature won't let things fit perfectly that's noticeable too
 
Definitely, China is a reserve country, and always does things differently from others. I'm not surprise if China sees cryptocurrency as a threat to there own democracy, seeing how decentralised cryptos is with be difficult for its government to control, and that's the reason that gave rise to the introduction of there own digital currency which they can have control over.
 
Definitely, China is a reserve country, and always does things differently from others. I'm not surprise if China sees cryptocurrency as a threat to there own democracy, seeing how decentralised cryptos is with be difficult for its government to control, and that's the reason that gave rise to the introduction of there own digital currency which they can have control over.
yeah it's a threat to their form of democracy ,that's why they are ready to slow the development and adoption of crypto currency in their country ,they know howucg cryptocurrency would be to them the threat and others , that's why they decide to create their own digital currency to cover up I think tho
 

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