Quote from: stompix on January 15, 2018, 04:10:06 PM

Quote from: alani123 on January 14, 2018, 11:58:16 PM

I watched a video today: https://m.youtube.com/watch?v=WWY7A221hwA

China is leapfrogging credit cards to jump directly into the adoption of mobile payments. An oligopoly is in place and as the adoption of the tech rises fast, it's not set to change. Now the Communist government is seeking to control such payments even more and the biggest payment companies are likely to cooperate. Perhaps one day people there would appreciate decentralization but for now the majority of the Chinese seem really careless about p2p tech and payments.

Replace China with Sweden:
http://www.bbc.com/news/business-41095004

Now, that isn't looking as bad as the previous, right?
Probably is because of the government in charge right? swedish vs chinese
So, each gets what he deserves for having stupid leaders in place.

Quote from: DIAH PERMATASARI on January 15, 2018, 03:11:58 AM

it is worth the development of the world of crypto in china very rapidly once, as evidenced by the largest bitcoin mining in existence in china, trade sites also from there wow very amazing

There is no development in crypto in china. None.
All they have is cheap energy for mining and fake numbers on exchanges.

Gotta agree on that. China's government is very incapable and I definitely wouldn't want them to be able to access my funds if I were a wealthy person.
They know that and feel like they should keep control to avoid people going out into cryptos. A truly sad world it is.

Quote from: splat44 on January 15, 2018, 04:20:32 PM

Quote from: alani123 on January 14, 2018, 11:58:16 PM

I watched a video today: https://m.youtube.com/watch?v=WWY7A221hwA

China is leapfrogging credit cards to jump directly into the adoption of mobile payments. An oligopoly is in place and as the adoption of the tech rises fast, it's not set to change. Now the Communist government is seeking to control such payments even more and the biggest payment companies are likely to cooperate. Perhaps one day people there would appreciate decentralization but for now the majority of the Chinese seem really careless about p2p tech and payments.

There Communist government is controlling them because majority of people in China are new to this technology that's why governments will help their citizen to make a trasanction online and they control the circulation of money.

Lmao... You really think the government of China is blocking cryptocurrencies just to help newbies? Nice idea, but that's definitely not even close to the real reason... Power is what makes them do it. Not the health & wealth of the population.