We are way offtopic so I'm not going to continue from here,
but your opinion is incorrect. Their people are forced to use it like all national currencies.
BTC is a threat to the Chinese Communist System. If you think they will use BTC as their
main currency you obviously don't know the Chinese government.
Actually , I know them quite well.
Personally Love the Chinese People, it is their rulers, I have a problem with.
https://en.wikipedia.org/wiki/When_China_Rules_the_World
Quote
8 - At its core, China is a civilization-state rather than a nation-state, a fact which will become steadily more apparent
9 - The Chinese state is very different from the western state: it has existed for over two thousand years, for over a millennium it has had no competitors (e.g., church, merchants) nor limits to its power; it is regarded with reverence and deference by the Chinese as the guardian and protector of Chinese civilization
10 - The Chinese have a deep and living sense of their own culture and civilization which they regard as superior to all others
11 - 92% of the Chinese believe that they are of one race, the Han Chinese, unlike the other most populous nations such as India, the United States, Brazil and Indonesia, which recognize themselves to be highly multi-racial and multi-cultural
12 - The similarities between the communist period and the Confucian era are more striking than the differences[2]
9 - The Chinese state is very different from the western state: it has existed for over two thousand years, for over a millennium it has had no competitors (e.g., church, merchants) nor limits to its power; it is regarded with reverence and deference by the Chinese as the guardian and protector of Chinese civilization
10 - The Chinese have a deep and living sense of their own culture and civilization which they regard as superior to all others
11 - 92% of the Chinese believe that they are of one race, the Han Chinese, unlike the other most populous nations such as India, the United States, Brazil and Indonesia, which recognize themselves to be highly multi-racial and multi-cultural
12 - The similarities between the communist period and the Confucian era are more striking than the differences[2]
China controls more hash from LTC than they do with BTC, why are you supporting that coin more?
I support ZEIT, but I will recommend LTC or Doge over BTC,
Both are Chinese Controlled, and LTC is faster and cheaper to send , with 0 transaction problems.
You think I would recommend the more inferior coin, I recommend the best for the situation.
The questions you should ask yourself , is why are you afraid of LTC, when it will save you time and money over the inferior BTC.
False Belief of BTC superiority, is my best guess.
FYI2:
What they could do is make BTC directly trade-able for gold in China only and it would stabilize it there, while they destroyed it in foreign countries.
http://www.bloomberg.com/news/articles/2015-04-20/mystery-of-china-s-gold-stash-may-soon-be-solved-as-imf-beckons
(Don't think they have not thought this thru.)
All of the rest of you are playing catch up on a Plan that was designed years in advance.
What they could do is make BTC directly trade-able for gold in China only and it would stabilize it there, while they destroyed it in foreign countries.
http://www.bloomberg.com/news/articles/2015-04-20/mystery-of-china-s-gold-stash-may-soon-be-solved-as-imf-beckons
(Don't think they have not thought this thru.)
All of the rest of you are playing catch up on a Plan that was designed years in advance.
Your crazy, the Chinese financial systems and government love gold more than anything.
They will never allow Gold/BTC exchanges. If they do, they aren't the masters, but the pawns.
They will never allow Gold/BTC exchanges. If they do, they aren't the masters, but the pawns.
Hmm, so you believe people would rather carry a pound of gold instead a few ounces of paper or a Cellphone Wallet, that can represent that Gold Value.
You should study history, People have been carrying lighter items instead of heavier items as money for Centuries.
If Barter was that wonderful , Banks would have never launched Paper Fiat.
Or let me phrase it this way, if you have $100 on you , is it four $20 bills or $100 worth of pennies already rolled up.
What that you say, it is the lighter and easier to carry paper bills instead of the rolled up pennies. (There is your answer.)
Almost every one of your answers to my statements are either out of context or total spin.
Either you are intentionally misconstruing the conversation or your are defective in some way.
I don't need a lesson in the history of gold and currency. Maybe you need a lesson in reading
and comprehension. I stated I would not continue posting in this thread due to being offtopic,
but these responses deserved a response: You don't discuss ideas, you preach your opinions.