Post
Topic
Board Bitcoin Discussion
Re: Why China banned bitcoin?
by
Lucas Kronenberg
on 13/05/2018, 14:38:26 UTC
China is a socialist country in which all financial flows are controlled. As bitcoin is preaching the opposite of financial philosophy. Against the background of these contradictions, China may or to control or to prohibit the transaction of bitcoin. Well, since China is not yet able to achieve control, it is blocking.