Post
Topic
Board Politics & Society
Re: Anyone wants to set a protest in DC against Chinese government
by
xselam1988
on 19/12/2013, 02:22:39 UTC
A few points to mention (I work a lot in China, so have a slightly better idea of the government's mindset than most people on this forum).

1. Do you really think the Chinese government cares about a tiny protest in a far off land?

2. Apart from the Chinese government, who (who actually matters) would hear about your protest?

3. [q]Someone just needs to tell the Chinese government that by banning Bitcoin they are losing the chance to become the next great world power.  They need to encourage everyone to purchase them or lose out on this opportunity.[/q]
By effectively banning BTC, they are saying that they can "beat" BTC.  China is all about control, and they can see that BTC could mean they lose control of their currency.  That strikes fear into the hearts of the leaders.  Besides, through currency manipulation etc. China has a very real chance of being the next great world power.

I don't want to spread FUD, but this kind of move is exactly the way to end BTC.  It will just take one or two major governments to follow China's example and it'll all be over.  To those who say that it's impossible to regulate BTC, I say "you're right".   However it's very easy to regulate transactions using BTC as well as financial exchanges between banks and BTC exchange companies.
I think media expose is much better than email or anything.