The recent news in the Bitcoin world is China's building attempt to regulate and oversee its use to a point where it is rendered nearly useless for Chinese consumers. They've realized that they can't truly kill it per se, but they can regulate the exchanges to a point where they can effectively stymie ts attractiveness. Bitcoin, whether one considers it sound money or not, is a challenge to the established system monopolized by central banks everywhere. The War on Cash narrative fits in with the reality that central banks and governing authorities feel a need to address the lack of control...
Central Bank Embrace of Blockchain is All About Control
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