Quote from: Angletim on March 31, 2018, 03:27:25 PM

Quote from: RawDog on September 21, 2017, 08:47:08 AM

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 Chinas 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 think China hates bitcoin. I know there are a lot of currency investors in China, they are like bitcoin, but their government has carried on the strict regulation to the bitcoin, China's domestic exchanges are closed, but that has not stopped them to buy the bitcoin

china don't want to use its people for other work they want to use their people for its own work to collect tax because bitcoin is a easy way to earn money and there is no need to pay tax.