Replying to Avatar Ghost of Truth

Massive opinion shift in China: a court in Shanghai declares Bitcoin to be private property. This is likely to lead to accelerated adaptation and to international competition between countries for the best and scarcest reserve asset.

https://amp.scmp.com/tech/blockchain/article/3287415/shanghai-court-says-crypto-ownership-legal-under-china-law-amid-bitcoin-price-surge

#China #bitcoin #soundmoney

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Gucky 1y ago

That will lead to a massive shift, great news in the long term. But a downside could be an imploding property market in China which they have to ( and will) compensate.

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