Post
Topic
Board Bitcoin Discussion
Re: Chinese Bitcoin exchanges
by
RoommateAgreement
on 24/07/2016, 12:06:05 UTC
This is funny given the fact that China owns large amount of bitcoin and at the same time they have the majority of mining farms that mine bitcoins. That simply means that if you use bitcoin you ate uplifting China.

your take on things is always funny to me!
i am not saying this is wrong or impossible, but you have to reason to say this because it is impossible to know which country owns more bitcoin. China has the biggest mining farms so they have the biggest hash rate in total but this has nothing to do with how much bitcoin their people/investors own.

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But given this fact there are also virtual warfare that will be held online and that is bitcoin economy war. It will be participated by many countries and the winner gets to dictate the price of bitcoin.

this doesn't even makes sense to me. what the hell is virtual warfare and no country is fighting over bitcoin.

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Right now China has a big advantage because they legalized it. But soon other countries will also rise in bitcoin economy so lets also get ready our wallets because price will soar up very high.

China has not yet legalized anything. it was Japan which claimed bitcoin as a real currency not China. they still have some struggles with bitcoin.