Just as the fud over China banning bitcoin trading has just about blown over, More people are starting to believe that China will ban Bitcoin trading very soon. Many people think this because even though there has been an absolute storm of rumours that haven't been confirmed, the Chinese Government hasn't come out to debunk the rumour leading people to think that Bitcoin trading is going to be banned in china.
Also the founder of Litecoin, has come out on twitter saying that he is very sure that China will ban As he says in a tweet. He said that he talked to an insider, in china that knows about what is going to happen, and is almost 100% sure that the Chinese Government will follow through and ban the trading of Bitcoin very soon.
https://twitter.com/SatoshiLite/status/907664619279343616
- SatoshiLite
There have also been rumours that the Chinese Exchange Yunbi will be Shutdown, due to the banning of bitcoin trading in China, and it is rumoured to be shutting down in 3 months time.
Ok, Now that you know all of this there is way that the Chinese people can trade Bitcoin, easily,anonymously and with low fees. Decentralised exchanges. Decentralised exchanges such as Kyber and 0x will flourish if China does ban Bitcoin. The people of China will find a way to trade Bitcoin with no risk and with almost 0 chance of getting caught thanks to decentralised exchanges. That's why I encourage you to invest into platforms such as Kyber and 0x, because expect a launch in the value of those tokens if this actually happens and expect big returns.
If you liked this blog and would like to find out more make sure you follow and have a look at my other posts.
Make sure you:
Upvote
Follow
Resteem and comment.