Many cryptocurrency users have limited understanding; they focus solely on trading for profit and complain about why it isn't legalized, yet they fail to see the deeper logic behind it.

Imagine legalization: using Binance without needing a VPN, cashing out smoothly, sounds great, right?

But what happens then? Within a year:

A-shares crash, a large number of small and medium-sized enterprises delist;

The fund market collapses;

Housing prices plummet, falling below your remaining mortgage;

Capital flows out wildly, looting the economy;

Unemployment rates plummet dramatically;

Hyperinflation erupts.

The value of the Renminbi might have to align with the Korean won? Would you be happy living in a world where a bowl of noodles costs thousands?

Such a comprehensive economic and social collapse, just to exchange for that little bit of "convenience" when you cash out your U?