NEO is King 👑, just bought more with the dip from the bs fud. 🤑

I think it unlikely that any government will be able to successfully promote a "love blockchain hate crypto" agenda and still be a major player in the space. It still remains to be seen whether national crypto currencies and corporate crypto currencies will gain any traction at all compared to fully decentralised alternatives.

As regulatory questions get answered, there will be a rush into these assets as the opportunity outweighs the risk in the sector. There is plenty of money on the sidelines waiting to get into the market from institutional investors that cannot due to regulatory constraints.  It may lead to a second FOMO event like late last year.  However, it may also lead to a true bubble.

Seems like good news are coming for Crypto's ;)

Thanks for the update news buddy !

What people are misunderstanding towards China's stance on cryptocurrency is that it's not just about 'banning cryptocurrency', it's about controlling capital outflows. All asset classes are affected by this. It's incredibly hard to invest overseas while inside China. Until their stance on capital controls changes, cryptocurrency will remain on the wrong side of the government. With that said, here at the moment I struggle to go a day without talking to a Chinese person interested in blockchain. There is a blockchain park in my city.

Thanks boxmining. Hopefully China will come back officially soon as well.

My feeling about China over the last few decades is that it is the model of a rational actor in regards both it's internal politics and external dealings with the rest of the world. The idea of decentralisation does not sit nicely within the CCP and indeed it seems an affront to a political system that is generally seeking to pull power back towards Beijing. However, I also believe that the Chinese know that if they want to maintain their position as a global power and indeed surpass the USA as the dominate player on the international stage then they really need to be at the forefront of the next few big tech developments rather than just adopting them from the West. I think if the way that China has developed over the last generation is anything to go by then you'd have to believe that they will find a way to make blockchain work for them rather than allowing political or other irrational ideologies get in the way of progress.

Ya, of course we would love to hear more about how the model works and how it affects transaction fees. I get a good majority of my info and news from you so anything you can tell us is great!
About China, its scary territory! Be careful investing in Neo. Doesn't matter if it is a sound project, ultimately its up to the government who can and will change their mind in a heartbeat. I've seen some things here that really remind that this is a communist country.... would you invest in Neo if it was out of N. Korea? Of course China is different, but sometimes not so much..........

Blockchain will not go on without a crypto or token