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.
