⚠️ Breaking News丨China Reiterates Mining Ban——

1) All virtual currency mining is classified as illegal financial activity;

2) Local governments are strengthening inspections and crackdowns;

3) Encouraging the public to report, with responsibilities directly delegated.

Many people still haven't figured out one question:

Why can trading be tolerated, but mining is always a red line?

Because trading is a zero-sum game; no matter how much it is manipulated, it only results in changes in numbers between accounts;

It does not consume real resources, and the risks ultimately settle within the participants.

Mining, on the other hand, is a triple penetration of physical resources—time—sovereignty.

Using current electricity, current land, and current infrastructure, but the time and place of profit settlement are outside of China's inherent system, which is absolutely not allowed.

We must abandon the politically incorrect fantasies of gray areas and window periods!

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