China orders Bitcoin exchanges in capital city to close
Bitcoin and for that matter all crypto currency is a libertarian ideal.<p>Libertarian ideals do not fit in communist societies. Regulation was always coming, as even liberal societies regulate.<p>But regulation is only there to keep the established order. The established order is very afraid of crypto right now in the same way the music industry freaked out over MP3.<p>I can't help it, but I get annoyed when crypto is branded with illegal activities like terrorism, fraud etc. No one talks about USD being used in the same way!