#加密市场观察
This is an intention to establish independence. On November 28, the People's Bank of China held a meeting of the coordination mechanism for combating speculation in virtual currency trading. This is the first time that regulatory authorities have disclosed a related 'coordination mechanism meeting' attended by fourteen ministries. The meeting emphasized that virtual currencies do not have the same legal status as legal tender, do not have legal compensation, and should not and cannot circulate as currency in the market; activities related to virtual currencies are considered illegal financial activities.
The idea is good, establishing independent sects with enforced consensus. But this is not the consensus of the people and is likely to accelerate capital outflow and the rise of encrypted assets, which acts as a catalyst.
Just as in the feudal era, there was always the belief that imperial power was granted by heaven, while in reality, true power comes from the people. Real value is derived from the accumulation of grassroots consensus. The banking crisis has never been about cryptocurrency; it is about itself. Now, the free creative genes represented by Bitcoin and Ethereum are poised to ignite a wildfire. People have long suffered under banking monopolies!
