My understanding is china has no intentions of blocking 'real' cryptocurrency' just private cryptocurrency.
China is well ahead of the west regarding nfc payments ie well above 90% nfc payments so cryptocurrency then becomes viable.And china's 'CB' PBOC will introduce its crytocurrency because now its viable.
As for australia the rba 'CB' suggested we will introduce a crypto currency when the take up of nfc makes it viable.Same other countries. Next to b japan and korea.
But stay the course its all a conspiracy.
Invest in private currency as in private cryptocurrency is yr choice.
just my opinion.
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