The more than 1 million bitcoins confiscated by China are worth more than 100 billion US dollars at the current price. It is almost 1 trillion yuan in RMB.
Our country holds more than 1 million bitcoins. According to the current market, these bitcoins are worth more than 100 billion US dollars, which is almost 1 trillion yuan in RMB! If Bitcoin really rises to one million US dollars in a few years, then this money will become nearly 10 trillion yuan. Think about it, such a large amount of money is now sitting there motionless. Isn't it a waste?
However, the characteristics of Bitcoin conflict with my country's financial regulatory system and concepts. my country has always been committed to maintaining financial stability and security. The price fluctuations of Bitcoin are extremely violent. There is a lack of effective supervision and solid value support behind it. If it is handled rashly, it may cause turmoil and disorder in the domestic financial market. Although its potential huge wealth appreciation seems tempting, in the long run, it is wise to stick to a cautious attitude.
Relevant regulatory authorities continue to pay close attention to the market dynamics of Bitcoin and the policy trends of other countries in the world towards Bitcoin, and actively study response plans. On the one hand, it prevents domestic citizens from suffering huge losses due to blindly following the trend of Bitcoin investment; on the other hand, in international financial exchanges and cooperation, it discusses with other countries that adhere to sound financial policies how to regulate the cross-border flow of virtual currencies such as Bitcoin and prevent potential risks. At the same time, my country vigorously promotes the research and development and pilot promotion of its own legal digital currency, responds to the disorderly impact of virtual currency with the orderly development of sovereign digital currency, and safeguards the country's financial sovereignty and economic order. Stability, rather than relying on high-risk, difficult-to-regulate virtual assets such as Bitcoin to obtain short-term wealth, reflects my country's foresight and high sense of responsibility in its financial strategic layout. #加密市场反弹
