Post
Topic
Board Speculation
Re: Surviving the China Ban
by
Odrec
on 05/12/2013, 17:13:48 UTC
Well prohibiting bitcoin as a currency is kind of big.

But is it? Bitcoin is not a currency anywhere in the world and now we know for certain it isn't a currency in China. Nothing really changed here. Nobody expected China to abandon yuan (this year).

But isn't one of its main goals to become a currency that you can exchange for real goods and services? Isn't China basically relegating it into just a speculative game? Just to make it clear I'm still bullish but I'm not an expert on trading, economy or anything like that so I'm raising questions to learn more than anything... we need information to make better decisions Smiley