Will China open up cryptocurrency? It has been rumored a hundred times, and I predict that it will not happen in the next ten years. With a little common sense, I know that the overall decision-making direction is to firmly support manufacturing, hard technology, bottleneck industries, and chips. I am very averse to financial innovation, and the purpose of financial development is to support the real economy. So, how is it possible to open up cryptocurrency? The person who fabricates rumors is nothing but opening multiple orders. The more likely borderline balls are: Firstly, as an experimental field, Hong Kong allows you to explore freely. Secondly, there have been some advances in civil and criminal matters, such as the recognition of cryptocurrency as property in civil law, and no longer a one size fits all violation of public order and good customs. Thirdly, turn a blind eye to mining and stop cracking down on it. Other feelings are gone, and tax feelings are unlikely. The offshore offices have all left, and they will not cooperate as actively as before.