Post
Topic
Board Economics
Re: James Rickards: Trump Will Use the “Nuclear Option” on Trade
by
parobber
on 19/04/2018, 23:30:22 UTC
Everyone knows that China steals intellectual property, various technical innovations or simply copies at its own discretion various techniques. It is on this that China has recently risen in the development of its economy. Perhaps, a tough trade war between the US and China will still happen, Trump can take appropriate appropriate measures in this respect. And how will this affect the crypto currency? Then it is not profitable for China to issue its centralized crypto currency, it will be convenient for the country to hide behind the usual decentralized if the US introduces various trade sanctions.
china is a country with a strong economy, crypto become part of big investors that have been in use china,
crypto will decrease if this country got problem

I think we are past that point. The market doesn't care that much about specific countries, look at india ban or poland insane regulations, it didn't really drag the price down. We have had so much FUD from china since bitcoin started trading that at this point people just do not care.

You're right, the majority of people are far beyond the point of paying too much attention to what China are doing in regards to cryptocurrency because they've shown they are erratic and will backtrack time and again. On China stealing intellectual property, I think in a few decades time it will be the norm and there will be little in the way of regulation to prevent it, the laws are already easily circumvented, so much so that I feel in time they'll cease to exist.