Post
Topic
Board Bitcoin Discussion
Re: China vs BTC?
by
hisuka
on 19/09/2017, 22:55:53 UTC
Can someone explain to me why china is trying to ban bitcoin.?
So far China has banned ICOs that is initial coin offering. China has not ban bitcoin even if that is the plan the decentralized nature of btc makes it highly impossible to ban. Remember its a virtual commodity
It is China and everything is possible. Police in this country has a lot of power.
Maybe we should read more about the news of China. As far from what I understand China does not banning bitcoin it is for the ICO's rules and regulations to stop those scams project. Maybe these is a threat about the cryptocurrency to choose what is the legits ones. But they cannot stop bitcoin as this has become more adoption globally.