China banned crypto again which sent the crypto market reeling but not for long. It’s not the first time that it happened and it won’t be the last. Don’t be fooled. You can only delay the inevitable but for so long before being overtaken by it. Crypto is the future of currency. Get in NOW!!!

Welcome to Money Talk Sundayz. I’m your Investment Bro, Stevie Bee. Hit that like share and subscribe button when you come in the door.

Lets talk Twitter!

Twitter announced that its 330m active users will soon be able to send bitcoin to each other instantly and for virtually zero cost – harnessing the Lightning network that’s been built on top of bitcoin’s primary layer and, many believe, will propel the cryptocurrency into the mainstream.

One bitcoin was worth $42,666 on the Bitstamp exchange at 16:00 EST Saturday, holding above its long-term moving averages and surpassing its value at the beginning of August.

The digital currency briefly dipped below $40,700 on Friday, when the so-called People's Bank of China – a Communist government-controlled central bank – declared that all cryptocurrency-related activities were “strictly prohibited” in the country. Beijing accused the cryptocurrency industry of “disrupting economic and financial order” and “endangering the safety of people's property”.

That clampdown triggered a 20% crash in bitcoin’s price, yet the latest, more draconian measure has moved the needle by less than 5%.

Bitcoin was almost completely unchanged on Saturday, having found strong support at its 200-day exponential moving average.

While everyone was freaking over the latest move by China, news coverage of the positive adoption by Twitter TWTR +0.8% was almost entirely restricted to financial outlets like Bloomberg and CNBC.

Twitter began integrating the Strike bitcoin Lightning wallet with its platform last week, enabling users to send and receive bitcoin as easily as tweeting out a thought.

Critics of bitcoin have long argued that the cryptocurrency can’t be scaled for mass adoption because of its high costs and slow processing times. Average transactions on bitcoin’s primary layer typically cost around $8 and take about 20 minutes to be validated, although fees and timeframes vary in-line with network demand.

Lightning solves this problem by processing transactions off-chain through a secondary layer that can, in theory, handle millions of payments a second (Visa, by comparison, processes about 1,700 payments a second).

Users interact with the Lightning network through purpose-built mobile wallets such as Strike and Muun. In El Salvador, which formally recognized bitcoin as legal tender this month, citizens are already making micro-payments for coffees and newspapers with their national digital wallet, Chivo.

Given the lack of media attention, it’s no surprise that the Lightning network remains small today: less than 3,000BTC is currently locked in the protocol. But its capacity has risen steadily this year and is likely to surge as Twitter completes its integration for all users over the coming weeks.

China is, undoubtedly, worried about bitcoin – but not because of money laundering, phishing scams or economic destabilization.

China is worried because bitcoin gives its citizens the freedom to teleport their wealth around the world instantly at the click of a button – side-stepping the short-sighted, arbitrary capital restrictions that Beijing is no doubt planning in response to the Evergrande debacle.

What does this mean for BTC, hiccups will come but the crypto is more than ready and capable to deal with all the hurdles that comes its way. Get you some if you haven’t done so already!

This is your investment bro Stevie Bee with Money Talk Sundayz. Again hit that like, share and subscribe button. We’re off this week. I’m celebrating my b-day so…. Yeah Libra Gang!

Happy trading folks!