Quote from: VitKoyn on May 18, 2018, 01:24:09 PM

Jack Ma said on an interview that he don't know about Bitcoin at all, so how can he come up with the conclusion that it is a bubble if he doesn't even know how it really works, lol. It is obvious that he looks at Bitcoin as a competitor of his online payment processor called alipay, so I really don't care on what he said about Bitcoin. They are studying on how they can use blockchain in the future, of course to create a new cryptocurrency or implement it with alipay. So what do you expect him to say about his competitor.

This is what he said:
"I don't know about Bitcoin at all. I'm particularly puzzled. Even if it can really work, the rules of global trade and the financial system will be completely changed. I don't think we are ready. So I'm still paying attention to Alipay... to the US dollar, and the euro. We have a team that studies blockchain, but Bitcoin is not something that I want to pursue. We don't care about Bitcoin."
Source: https://cointelegraph.com/news/e-commerce-giant-alibabas-jack-ma-says-blockchain-is-not-a-bubble-bitcoin-is

They want their own coin, they did cryptokitties didn't they? Bitcoin is their competition right now and the Chinese people love Bitcoin already I'm not too worried about this quote at all.