cryptofamily

Despite China's restrictions, bitcoin continues to be popular among Chinese investors looking for inflation protection. Although direct access to cryptocurrencies is restricted, the country's P2P market is active and major exchanges continue to do business. Beijing cannot completely ban bitcoin, preferring to keep it in the "shadows" to prevent capital outflows. When Chinese investors realize that cryptocurrency is a reliable protection against yuan depreciation, we can expect bitcoin to grow significantly, repeating the growth of 2015.

China's use of P2P networks to circumvent bitcoin bans highlights the resilience of crypto as a hedge against inflation, suggesting potential for significant growth similar to 2015.