Post
Topic
Board Bitcoin Discussion
Re: Bitcoin in China.
by
TheGodFather
on 18/04/2018, 15:05:19 UTC
In March, the head of the people's Bank of China Governor Zhou Xiaochuan said that China will never recognize bitcoin and other crypto-currencies as means of payment. But already on 19 March he was dismissed, and the head of the Chinese Bank becomes his deputy. And on March 21, makes the statement "Bitcoin gives the opportunity and freedom to any person to enter the market of finance."

What do you think about this? Shift of China's attitude to bitcoin in a positive way or not. Or this statement to anything will not lead?

To me China was able to really close ots doors on bitcoin with its ability to really assert its rool not just on some places but to the whole of China. Also I do believe that China is also technologically advanced and has enough integrations on both its government and the whole economic sector that it can both sway and influence the going ins and outs of all those who are in them. That’s why bitcoin in china though seem lost I’m still hopeful that they’ll change their mind