A CHINESE LOGISTICS FIRM IS AIRLIFTING 3 METRIC TONS (3.3 TONS) OF BITCOIN MINING MACHINES TO MARYLAND AS THE CHINESE GOVERNMENT CRACKS DOWN ON THE INDUSTRY.— Gold Telegraph ⚡ (@GoldTelegraph_) June 21, 2021
Cramer crying “sell” right as China is banning #bitcoin mining might be the most significant buy signal of 2021.— Kaz ₿ycko 🌋🇸🇻 (@BTCBYCKO) June 21, 2021
China is terrified of Bitcoin.— Jordan Schachtel (@JordanSchachtel) June 21, 2021
China wants to impose a Central Bank Digital Currency that allows CCP to have control over citizens' spending, saving, & earning.
Bitcoin is the antagonist to this system, so China has for years been deliberately attempting to spread Bitcoin FUD.
One month ago I would have ranked the number one risk to #Bitcoin as mining centralization in China.— Bruce Fenton (@brucefenton) June 21, 2021
Now that risk is radically decreased.