Post
Topic
Board Bitcoin Discussion
Re: China thoughts and data. Much more impact than we think?!
by
xdev
on 09/09/2017, 20:39:23 UTC
Well its no surprise to me. The chinese were very quickly in on the whole Blockchain thing right from the start. The largest promotions in the early years of the technology all happened in China and they have been an economical superpower for quite long now. Of course a permanent ban would be felt, that is for sure. But right now its only a temporary ban of ICOs until they get proper regulations. Nothing to worry about at all.

I'd say in EU the knowledge of cryptos and blockchain is very very small unless you're in the tech business. Only reason I even remotely heard of it is because I work in tech and a CEO (at a fintech event) was promoting and hyping Blockchain technology as a huge thing for the future, that was in 2012 or something. If you're outside of tech/fintech there is a slim chance that you even know anything about Bitcoin or Blockchain tech.

But all in all, thats a good thing. Just think of the potential the technology has when it spreads