Post
Topic
Board Speculation
Re: China : The next price bump
by
anu
on 07/05/2013, 21:42:05 UTC
Quick news flash.

Average gross income is < $5500 per year. (2010)

All this "new money"? Let's talk smaller.

70% of Chinese are not even really part of the economy, but they count for the average. Those who read Xinhua are part of the economy.

But yeah, you're right. We're not talking about 100K per year.


But there is $ in numbers. If every single person in China invested $1 in BTC

What I was trying to bring across is that 30% of Chinese, that's 300 million, are not so much different from us in their actual income and daily lives.