I have a premonition that a new round of regulation on cryptocurrencies will soon arrive in the country.
Weibo has already seen cases of account suspensions; those who are familiar with the situation tend to react fastest.
The actual regulatory policies that need to be implemented require evaluating many factors, at least one or two months.
The incident involving Sun Yuchen and Jing Tian is just an opportunity.
This wave of public opinion in the Chinese-speaking world is fierce, yet it dissipates slowly.
There's a saying that goes well, "People fear becoming famous, pigs fear growing big."
Sun Ge, who loves to stir things up, will eventually encounter his Waterloo.
Sun Ge dares not go to Beijing, and soon he probably won't dare to go to Hong Kong either...
It used to be a matter of turning a blind eye.
Now there is a public opinion storm to serve as a breakthrough.
However, in the trend of the past decade or so regarding cryptocurrencies,
any regulation will eventually pass.
Bitcoin will ultimately only grow stronger.
It's just that for us ordinary traders,
the market may experience huge fluctuations due to sudden news.
It's not a big problem to prepare in advance~
Being born in 1990, I recently had a period of back pain and didn't go to the gym.
I need to start exercising, and I'm curious about what final outcome awaits Sun Ge 🙂
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