Today let's talk about what it would be like if we completely opened up Virtual Money trading.

The vassals doubt that 99.99% of people will be financially ruined. You think, if the boss of the beautiful country is personally getting involved, what are we ordinary people supposed to do? That’s why our country does not allow Virtual Money; I believe it is a protection of the interests of us common folks.

Moreover, the core point of any industry regulation or legal system is that it must be controllable, while the core of Virtual Money is decentralization, which leads to the inability to control the flow of funds, and you also cannot track it.

Imagine if there is a person who has a lot of Virtual Money and cold wallets, he has a lot of money, and as long as he doesn't say anything, no one knows. If one day he wants to transfer his money abroad, he doesn't need any approval at all; he just needs to take his cold wallet with him, and he can take all his money out of the country.

By doing this, our foreign exchange control would be practically non-existent, and virtual money would allow these people to easily transfer their assets abroad.

Another thing is, why has this term called stablecoin come out recently? I think it is unstable, which is why it is called stablecoin. The important thing is, if it were still called virtual money, would you dare to buy it?