Post
Topic
Board Bitcoin Discussion
Re: Why does China hate Bitcoin?
by
Asuspawer09
on 07/02/2018, 12:33:44 UTC
This is pretty much the whole story right here...

Quote
" NIFA official Li Lihui told a technology conference in Shanghai on Friday that a goal of China’s monetary regulation is to ensure that “the source and destination of every piece of money can be tracked.” "

Bitcoin is the mortal enemy of 'tracking'.  Therefore China is going to continue to assault Bitcoin from every angle.  You can be sure of that.

I don't see large people wanting to be against of something that is useful to them. We all know how bitcoin wasn't able to be use by any sectors more likely governments which made the. Abolish our very own bitcoin. None the less there is no much thing or reason to do these stopping or much more banning.