Post
Topic
Board Bitcoin Discussion
Re: Is CHINA CONTROLLING Bitcoin?
by
hulla
on 31/12/2016, 16:39:53 UTC
China can't control bitcoin, it is freely tradable so any people can just buy it.

BTW, I heard that CIA or FBI has a big chunk of it, as they are kinda involved in the beginning... which is scary.
You must not follow the news on coindesk or some other sources of bitcoin news. China is holding more than 50% of the mining pool, as well as the amount of Bitcoin in the world. In general, they are controlling Bitcoin, and the most dangerous thing is that they can open a 51 attack any time they want.
i do no agree with you. as bitcoin is anonymous therefore no one know that which country has the most number of bitcoin uses, may be it is not China, may the Indian users are more than china may the Russians have the greater number than China and other countries of the world.
Well,I agree with what Raja said cos most people in China are well aware of Bitcoin and for China bitcoin is much more than just an investment or business cos bitcoin is also a way to
circumvent capital controls.