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Russia and China Hinder the Spread of Bitcoin

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Russia and China

Trader and the head of the Bitcoin investment fund, Marius Landman, tweeted that China and Russia have recently tightly blocked any content related to bitcoins.

Russia and China

He believes that the governments of these countries are ensuring that their citizens refrain from interacting with bitcoin and “remain poor.” In particular, Marius Landman wrote that access to the site of his crypto-investment fund is blocked both in Russia and China.

Why Russia continues to block bitcoin membership – access to http://mariuslandman.com is not possible, therefore we are setting up private servers in the country. And you know what, now they again blocked access … Why Russia and China prevent the purchase of Bitcoin?

Landman assures that his company does not break any rules. But it is being blocked, including in China, where the government wants people to remain poor. Instead, residents are encouraged to buy silver and gold.

Whenever we install the Bitcoin Membership in China, they block us. Our paid groups are also blocked. We are not breaking anything, but China is constantly blocking bitcoin content. Wanting people to remain poor. They are struggling to buy silver or gold. All this is disappointing.

Russia and China`s Attitude to Cryptocurrencies

Speaking about Russia, there has recently been news that the State Duma is considering a seven-year prison sentence as a punishment for the illegal use of bitcoins and other digital assets.

Last year, when Facebook announced the upcoming launch of its stablecoin Libra, Chinese authorities accelerated the creation of their own digital currency, DCEP, supported by the central bank.

Since then, China has become more resistant to Bitcoin, in addition, all crypto events are canceled and prohibited, as well as discussions on this topic in WeChat. Alipay, in turn, announced that it would block all payments related to Bitcoin.

 

Read more news about crypto space here… 

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