so how do you use twetch then just with the free sats given? or are you outside of china? in a way I understand the ban most of the currencies are scams.
Post by 1Q8qFx…4hpU
No, I am located within China. I first downloaded Bitget using an American Apple ID. Bitget supports KYC verification for users based in China and also trades BSV. Most of the BSV I purchased is stored in my own ElectrumSV wallet. China's ban on virtual currencies is quite intriguing, and I plan to write an article later regarding China's stance on virtual currencies.
What the chain says
- Block
- 959 690
- Time
- 2026-07-27T13:39:22Z
- Signer
- 1Q8qFxEnJMRwMg35kjwZKHsoF6joeZ4hpU
- App
- twetch
- Type
- reply
- Content type
- text/markdown
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1Q8qFxEnJMRwMg35kjwZKHsoF6joeZ4hpU UnverifiedReplies (2)
you should write one. it can be used for good hopefully you can push back against the ban.
The Chinese government maintained a generally tolerant attitude toward Bitcoin until Bitcoin activated SegWit. Afterwards, the People's Bank of China published an article stating that Bitcoin and Ethereum suffer from poor performance, making them unsuitable for payment services and high-concurrency scenarios. Since then, the Chinese government adjusted its stance, though no ban was introduced. Instead, coverage of virtual currencies was scaled back across mainstream media outlets.