In the past year, has everyone felt like there hasn't been much activity in the cryptocurrency world? It's not that the market is bad, but rather that there are no channels to buy or sell. Why? The entry and exit channels have been completely blocked, and ordinary people can't easily participate. What's the specific issue? Let me break it down for you in the simplest terms.
1. Buying coins is difficult—payment channels have all been blocked.
Now, if you try to use Alipay, WeChat, or a bank card to buy USDT, you will immediately be targeted by the risk control system. The system will quickly label you with 'gambling' or 'fraud' tags.
Next, it gets intense: the police station calls you, or even shows up at your door to ask if you've been scammed.
Even if you are just buying coins normally, you might end up being 'invited to tea', causing immense psychological pressure.
If you're unlucky, your payment functionality might be directly suspended, making normal consumption a hassle.
2. Receiving coins is even more dangerous—bank cards can be frozen in an instant.
When you sell coins and convert USDT to RMB, the money goes into your bank account, but the outcome could still be tragic:
When the bank checks, that on-chain money might have been used by scammers before, and you become a 'middleman in the funding chain.'
Bank cards can be frozen directly, and once frozen, it can take several months.
Want to unfreeze? Sorry, you have to go to the police station, make a record, submit materials, and it may not even be resolved.
If you can’t explain the source clearly, you might even be classified as 'aiding information network crimes', which carries criminal risks!
3. The anti-fraud policy is in full swing, and collateral damage is constant.
The current anti-fraud policy is very strict, and the one-size-fits-all risk control makes it hard for scammers to operate, but it has also 'frozen' us normal players.
The police, for the sake of assessments, would rather 'wrongly kill a thousand' than let one slip through.
Being frozen out, summoned, or fined has become the 'norm' for many players.
The hardest part is that you have to prove your innocence, but this process is very long and complicated, leading many to give up outright.
4. The environment is too poor; new players don't dare to enter the market at all.
Old players are afraid of trouble and don’t dare to trade anymore.
New players take one look and think, 'This is too scary,' and immediately back out.
Liquidity on exchanges has worsened, the price difference for buying and selling is getting larger, and the market is becoming increasingly weak.
Additionally, scammers are using the anonymity of USDT to carry out various scams, creating a chaotic environment.
Some people want to use foreign bank cards, but they might also be seen as 'illegal currency exchange', which carries even greater risks.
Summary: The truth behind the cryptocurrency market's quietness—being hit by 'regulation + scammers' on two fronts.
In short, it's not that the cryptocurrency world has no value right now, but that it's too difficult to get in and out.
On one hand, the national anti-fraud policy is continuously tightening, and any transaction related to USDT is treated as high-risk.
On the other hand, scammers are laundering too much money using USDT, resulting in distrust from platforms, players, and even the police regarding any transactions.
In the end, ordinary players have become the biggest victims, wanting to play but not daring to touch.
What’s the solution for the future?
If we want the situation to improve, we can only rely on compliant entry and exit plans to slowly restore confidence. Otherwise, players either have to venture into underground trades or simply wait for policy loosening, patiently awaiting the arrival of spring.
If you have similar experiences, feel free to discuss in the comments and see how we can protect ourselves and move forward during this cold winter ##MichaelSaylor暗示增持BTC Finally, follow me, and I will help you see the essence through the phenomenon, navigating through bull and bear markets together.
