Post
Topic
Board Bitcoin Discussion
Re: The Fiat Digital currency is coming to Chinese people.
by
nicemycoin
on 21/11/2016, 03:44:36 UTC
yet another post with people advertising the bankers crapcoin on the hyperledger.

again nothing to do with bitcoin

well it may have an impact if people on china find that this new centralized alt issued from the government is better suited for them to handle, and they would decrease the demand on bitcoin

Oh really? I do not think so. The Chinese demand for Bitcoin is mostly speculative and they treat more like a commodity than a currency. Maybe even most of their Bitcoins do not leave the exchanges because they are trading them back and forth for profits in fiat. Nothing will change except for major efficiencies in the CNY fiat system. Bitcoin will be Bitcoin, fiat will be fiat.


Agree +1,Bitcoin will be Bitcoin, fiat will be fiat.