A huge advantage of cryptocurrency is that it is quite difficult to trace. And even the fact that such a large country as China has declared bitcoin illegal will not stop the development of bitcoin. Many crypto-firms moved from China to Kazakhstan because of this ban. Because of the unstable political situation in Kazakhstan, the bitcoin exchange rate went down a lot. I think this is the best time to buy, so I bought bitcoins here cryptex and with good reason. I am sure that bitcoin will break the record in value again in a few months.

It's clear now that location plays a huge role when it comes to cryptocurrencies -- it applies to bitcoin too. America is a good place to deal with cryptocurrencies, but unfortunately, we can't say the same about China. For those who are planning to invest in bitcoin, location is not the only important factor. The most important thing is to know the movements of cryptocurrency. Then you'll be able to predict its future dynamics. For that, you can use sources like [bitscalp.io]. If you do this business wisely, you will likely end up with full pockets.

All countries should ban them, until transactions are fully traceable.
This would reduce demand as criminals offloaded them, and as an extremely important side effect it would dramatically reduce world consumption of energy as currency "miners" stopped squandering electrical energy.