The Chinese Government Will Not Lose a Fight With Decentralized Cryptocurrencies

Righyesi: The motive here is definitely in surveillance and control. A being able to a shut down an individual's access to funds, a at whim and at will, is certainly appealing toto an oppressive regime. Righyesi says the chinese communist party have tons of money that they want out of the country through bitcoin or decentralized crypto currencies. "It's very difficult for a government to go up against something like that, if not impossible," he adds.