蜜芽传媒

Bitcoin has fallen below $30,000 for the first time in more than five months, hit by China's crackdown on the world's most popular cryptocurrency. The digital currency has lost more than 50% of its value since April.

Brandon Arvanaghi is a US-based bitcoin mining engineer. He told Newsday: 鈥淭his is actually the most positive thing that could have happened to Bitcoin. The number one concern about Bitcoin has always been, does China have too big a piece of the pie and in one fell swoop, China alleviated those concerns. The exciting part of this is that places like America, Kazakhstan, Malaysia, they鈥檙e going to get more of the pie.鈥�

鈥淲ith China, they tend to ban the most prominent freedom technology of the time 鈥� and Bitcoin is the mother of freedom technology.鈥�

Photo: Representations of Bitcoin virtual currency with China flag (Reuters)