China Warns Bitcoin Is Heading To Zero ChinaPulse.com China News, Data, Media Intelligence and Insights


Source: chinapulse.com chinapulse.com

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Official Chinese national news media outlet warns readers that Bitcoin could go to zero value in order to dissuade them from investing in and using cryptocurrency. The Chinese government has capitalized on the violent downturn in the crypto market by warning crypto investors that Bitcoin (BTC) prices are “heading to zero.” China Issues A Warning The South China Morning Post reported on Wednesday that China’s media agency Economic Daily had issued a warning about the largest cryptocurrency by market cap to further dissuade citizens from adopting the use of crypto. The Economic Daily report says the west is to blame...