Re: what's the future of bitoin in china ？

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.

Yeah, China ban bitcoin in the past few years but still they lift their verdict once they know that many wants to be involve on bitcoin market, A government can't control a decentralized coin. Satoshi design this coin to stop the monopoly on the economy of the world. In the future, The marketcap of cryptocurrency will be greater than the fiat. Grin

As we already know that they had banned bitcoin is past and then allow it and this will happen again Chinese cannot bear the lag in the development bitcoin has proved that it can survive without china and now Chinese are thinking to join again because they can just ban such a profitable coin and their citizens are also opposing their decisions and asking to remove the ban.