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21 sats \ 2 replies \ @justin_shocknet 29 Nov \ on: China central bank vows crackdown on virtual currency, flags stablecoin concerns econ
Capital controls are a game of cat and mouse, before virtual currencies it was Hong Kongese buying offshore real estate...
authorities don't understand that they can't ban the thing
If you and I know, they very well know.
They don't need to stop it, just need to slow it enough to front-run it.
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0 sats \ 1 reply \ @Coinsreporter OP 29 Nov
I wonder how long they can front run it. There has to be a deadline. With the current speed they may go a hundred years more.
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0 sats \ 0 replies \ @justin_shocknet 29 Nov
That's what wars and black swans are for, to disguise the forcing function
The fake pandemic was just a rehearsal decoupling to get the respective economies prepared for the next phase
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