Post
Topic
Re: why China goverment allergic to bitcoin?
by
michael_rogers
on 28/01/2018, 10:00:20 UTC
but they still don't like bitcoin revolution.what is the main reason for that?
Exactly for that: revolution.

Bitcoin has the potential to unsettle existing flow of money.
If used widely to things could happen: you could folow the money to corrupt individuals. This could hurt important members of the political party.
The second thing: if for some reason, the price of bitcoin drops like a rock, the savings of many chinese people are lost, and this will create unrest.