Post
Topic
Board Bitcoin Discussion
Re: Why is China giving importance to Blockchain?
by
[ProTrader]
on 09/11/2018, 16:41:53 UTC
Chinese has been feeling very enthusiastic about blockchain lately!  The Chinese government may not like cryptocurrencies or in fact Bitcoin, but they sure do like the Technology it is based on.

Know more what China is doing with Blockchain https://www.globaltechinsights.com/blockchain-bitcoin-whats-happening-in-china/
China wants control over cryptocurrency. Remember that there are many mining facilities in their premises. It is hard to tell if they don't like Bitcoin because it could be a strategy to buy majority of supply of Bitcoin.