Post
Topic
Board Economics
Re: Government & Bitcoin
by
coinplus
on 24/09/2017, 13:09:15 UTC
Yeah, I agree with you. But it is sad to know that the Chinese government is not longer support bitcoin. AS you can see, they ban permanently bitcoin exchanges which are on their country and cause of that reason, the price of bitcoin fall hardly. China is the biggest country in this field and many big investors are living there. It is not very good that CHinese government decides to against bitcoin
I wouldn't say that they really decide against Bitcoin.
China is just trying to get Bitcoin regulated, which won't work in my opinion.

Btw: Chinese ICOs are "just" banned temporary as you can read here (https://cointelegraph.com/news/china-ban-on-ico-is-temporary-licensing-to-be-introduced-official)
May china has some obligations about bitcoin and when they will clear their minds then they will also accept and regulate bitcoin, because there is lot of bitcoin miners in China. Therefore I think banning is just for the time being, apart from china many other countries have already regularized bitcoin and have started trading in their local markets. The enemies are there but the promoters as well.