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[SCAMEXPOSER]

United States was Crypto currency enthusiasts and Investors were very proactive and opportunity grabbers when China decided throw away a golden opportunity that cryptocurrency has brought to encourage financial freedom. The Cambridge University recently published that the United States is now the world's largest market for Bitcoin mining, now holding a share of 35.4% of the market. This is coming on the heels of the massive movement of miners out from China after the country's crypto mining ban earlier this year. Furthermore, Kazakhstan and Russia follow after the United States, with shares of 18.1% and 11% respectively.

 

[GoldenLady]

Despite the limitations that the US is placing, it's still a place that allows more freedom than China. The Chinese might one day regret this decision and others would surely take advantage of it

 

[LutherKing]

They have Capitalized it on the right way to be honest and managed to make tgemostout of it that's what everyone can do to be honest

 

[Wisdom01]

This is great it will be a great contribution to the country in terms of revenue through tax and create more employment in America , this what the golden opportunity China ruled out

 

[SCAMEXPOSER]

Despite the limitations that the US is placing, it's still a place that allows more freedom than China. The Chinese might one day regret this decision and others would surely take advantage of it

You know United States is not a communist country and they love their citizens much more than the power in government so that is why cryptocurrency is able to have it away in the country.

 

[SCAMEXPOSER]

I hope one day China regrets its crypto ban.Since they are a so much hungry nation to become the world biggest power they should have embraced crypto and this would have taken them a step closer to their ambitions but they crashed it

China loves control over everything and blockchain with cryptocurrency has not really give them that opportunity and that is our biggest problem but let's watch and see how things unfold.

 

[Brain]

There's no disputing the fact as the US are great users and adopter of the crypto currency. So if China is out of the list of users then the next highest used country will take over

 

[SCAMEXPOSER]

It is good us she also have a very close competitor when it comes to cryptocurrency mining, trading and sticking. This will improve and make the awareness of cryptocurrencies more.

 

[BullyMaguire]

Well US is offering a better conditions for miners now even offering shelter for those Chinese miners from china. I hope that US wouldn't do what china did since china is very controlling

 

[Marvelous]

United States was Crypto currency enthusiasts and Investors were very proactive and opportunity grabbers when China decided throw away a golden opportunity that cryptocurrency has brought to encourage financial freedom. The Cambridge University recently published that the United States is now the world's largest market for Bitcoin mining, now holding a share of 35.4% of the market. This is coming on the heels of the massive movement of miners out from China after the country's crypto mining ban earlier this year. Furthermore, Kazakhstan and Russia follow after the United States, with shares of 18.1% and 11% respectively.

China knows what they are doing and they will still release the ban sooner or later. Us are really investing a lot on this platform, their government should legalise it

 

[Japhnet]

It's pretty sad that China banned cryptocurrency, on the other hand, once work from the Americans to hold this title.

 

[Wisdom01]

China knows what they are doing and they will still release the ban sooner or later. Us are really investing a lot on this platform, their government should legalise it

with the loo of things they don't want to release the ban ,the ban have been unbearable ,it looks like it would go on and on for sometime ,they probably aren't ready to put some adjustments and see that cryptocurrency grows ,well I hope to see that things changes

 

[fiery phoenix]

China knows what they are doing and they will still release the ban sooner or later. Us are really investing a lot on this platform, their government should legalise it

China will not release the ban,they are not a country that reverses these kinds of decisions,worse off,they created a state backed digital yuan so we can say what they want is a financial system that they can control,not just revenue from crypto knowing it goes against their centralised type of rule.The crypto ban might also have been to pave way for their digital yuan because now it has zero competition

 

[a_jerobon]

That is really great for USA and it's citizens. I am sure that such mining activities come with so many benefits that will benefit the country a lot.

I just hope that most of the mining activities don't cause more harm than good. If it is using green energy, then that is much better.

 

[fiery phoenix]

It's pretty sad that China banned cryptocurrency, on the other hand, once work from the Americans to hold this title.

China's move against crypto was not well thought of,they could have used crypto to increase their GDP,as most if their GDPcomes from real estate,they could have increased the revenue with it.29% of China's GDP comes from real estate,and its not doing well this year.Many of their real estate companies are being delisted on stock exchanges,as of now 5 of the top real estate companies have been delisted,which is plunging their economy so hard.Crypto could have been a strong back up in these times

 

[Wisdom01]

China will not release the ban,they are not a country that reverses these kinds of decisions,worse off,they created a state backed digital yuan so we can say what they want is a financial system that they can control,not just revenue from crypto knowing it goes against their centralised type of rule.The crypto ban might also have been to pave way for their digital yuan because now it has zero competition

this is true ,with the condition already placed ,am sure they might not be reversing the ban anytime soon ,many crypto currency companies had already left the country ,even mining firm that could fetch the government more revenue ,so it's probably possible the ban would be on for sometime

 

[fiery phoenix]

this is true ,with the condition already placed ,am sure they might not be reversing the ban anytime soon ,many crypto currency companies had already left the country ,even mining firm that could fetch the government more revenue ,so it's probably possible the ban would be on for sometime

China's central bank also gave its reasons for the crypto ban,and why it will be impossible to reverse.They said that crypto would increase financial crime in the country,one that they could not control as a country once crypto becomes bigger than it is now.They also crypto could cause financial instability in the country

 

[Wisdom01]

China's central bank also gave its reasons for the crypto ban,and why it will be impossible to reverse.They said that crypto would increase financial crime in the country,one that they could not control as a country once crypto becomes bigger than it is now.They also crypto could cause financial instability in the country

am not sure if financial stability is their main reason ,for me their main reason should be control , because if you noticed it's after they have created the digital yuan currency that they banned cryptocurrency , so that the digital currency could thrive and they gain control over the country financial system ,that's the plan I think

 

[fiery phoenix]

am not sure if financial stability is their main reason ,for me their main reason should be control , because if you noticed it's after they have created the digital yuan currency that they banned cryptocurrency , so that the digital currency could thrive and they gain control over the country financial system ,that's the plan I think

Of course that one key plan,but the Chinese central bank will always give its reasons,true or not,we don't know,but sure they can't be trusted because of the favt that they introduced the digital yuan in contradiction to crypto,so people will always say thats where the reason for the crypto ban lies-creating a ground of no competition for their digital yuan

 

[Wisdom01]

Of course that one key plan,but the Chinese central bank will always give its reasons,true or not,we don't know,but sure they can't be trusted because of the favt that they introduced the digital yuan in contradiction to crypto,so people will always say thats where the reason for the crypto ban lies-creating a ground of no competition for their digital yuan

I think it should be their reason and that's why people are suspecting ,the government obviously knows that crypto currency would be a big competitor to the digital yuan ,so the first plan is to actually first remove the competitor which is cryptocurrency and it actually worked in that ways and manner I think