Post
Topic
Board Economics
Re: China Will Kill Bitcoin: A Conspiracy Theory
by
Rahar02
on 09/09/2017, 11:40:41 UTC
Do you think am I hallucinating due to the "shabu I bought coming from China? Or am I only making some predictions that has more chance to come true than playing in lottery?

Yes, you're hallucinating. China Government banned ICO because some reasonable reasons to protect their citizens from financial scammers or being deceived. Bitcoin is a digital currency, govs can't just ban and seize it without any reason, even though cash could be used for illegal transactions. Bitcoin has become a profitable resource in China, there are many bitcoiners and miners, the biggest mining pools in the world, in that case, govs get taxes from their activities.