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Bitcoin is tanking following a reiteration from China's central bank that financial institutions cannot provide cryptocurrency services.

In a statement published online, the People's Bank of China warned against institutions and businesses from engaging in any form of virtual currency transactions.

Bitcoin is tanking following a reiteration from China's central bank that financial institutions cannot provide cryptocurrency services. In a statement published online, the People's Bank of China warned against institutions and businesses from engaging in any form of virtual currency transactions.

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[–] 1 pt

I dont know if it needs to be salvaged or tear down and start again.

It appears to be an all out tear everything down fight.

Like the one percent think that would make them safe.

Heh. Fat chance. Cant steamroll US like some second world or third world country. We still have the means to resist tyranny.

The whole economic picture is def being flipped upside down.

Which is their intent.

You say correctly that it certainly is all connected. But we are not defeated, yet! We do have American ingenuity to see us through this storm.

Folks lookin' to make some "easy money" might find it aint so easy.