The clearing of existing users should have been anticipated.

CN
Phyrex
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3 hours ago

The elimination of existing users should have been anticipated. The current situation is the same as on September 4, 2017, when all cryptocurrency exchanges within China were shut down, and gradually, cryptocurrency exchanges were prohibited from operating in China. Almost nine years have passed since then; what has been the result?

It is hard to completely block it; ultimately, these "exchanges" were forced to migrate overseas. Although the main entities have moved, the primary customer base remains the same, which then led to a frantic crackdown on OTC, with some OTC activities even being directly criminalized.

However, it's undeniable that under long-term propaganda, cryptocurrencies in China are still seen as a great danger, invariably associated with scams. From time to time, one can see self-media saying that bitcoin:native is a tool for Americans to harvest from the world. It is possible that soon, this kind of treatment will be applied to AI.

I believe that if there ever comes a day when the AI sector experiences a significant correction, many passionate young people will come out to protest.


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