I heard the news that currently 90% launched projects in ICO platforms have been basically checked and returned in Shanghai, relevant Bitcoin virtual currency exchanges also proposed plan for quitting and started related work for customers funds and assets.
SO ,what do you think about Bitcoin' future in china?
I would like go hear some opinions
We don't actually know the future of bitcoin today in china because we lived in the other country but I guess based on the articles and different post here in forum all I can say is that bitcoin will be somehow hard to exchane because we all know that they banned the other exchanger there. And I guess the rate of usage of bitcoin in china will be slowly rising because of the issue.
Nobody can tell the future with hundred percent certainty like you said but I guess, China is going to use bitcoin sooner or later. Chinese government has made this move to check their control over digital assets and the effects on their economy without crypto currencies. Still, it won't destroy the crypto world if China cuts off all links with it.