Quote from: Opekin on February 03, 2018, 11:51:00 AM

Quote from: Pansamantala on February 03, 2018, 11:45:49 AM

The government of China condones the use of bitcoin I think is because of this reason. They think that the use itself will not benefit their economy's growth and that they think that the growing population of chinese people that are investing in bitcoin might someday make their own national currency obsolete.

I don't think the word "hate" is not the right term to use for what China feels about bitcoin. Maybe they are just threatened on what bitcoin might bring to the economy. We all know that China is very competitive in terms of economic activities.
Another reason is that,as one of the biggest economy in Asia, they are making some research on creating another cryptocurrency system so bitcoin won't threat them . they don't want to be overpowered.

guys come on, open your eyes. What makes you really think that China hates bitcoin. They love it man. They love it more than anything. They are playing with news just to speculate the market, that's all.