Should the country back down and loosen restrictions on cryptocurrency? After all, cryptocurrency is not going to disappear and will only grow stronger. If we don't loosen up now, we will have to do so later, and the longer we wait, the more disadvantageous it will be. A large number of talents in blockchain have emigrated, and a significant amount of tax revenue has been lost, which can be said to be a heavy loss. Although the government is relatively conservative, the Chinese people have fully participated in this cryptocurrency feast and have not missed this revolution.