Quote from: pundit on January 07, 2019, 04:35:49 PM

Quote from: Snowflower11 on November 11, 2018, 03:57:25 AM

Quote from: djhonson196 on June 19, 2018, 10:14:50 AM

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/

I do not think China does not like bitcoin or altcoin, as China is a country with many blockchain patents in the past year. Did you know Vechain, NEO, Qtum, Ontology are all projects from China?
They also released their own cryptocurrency charts in September, showing they are very interested in this market. I think the issue of accepting Bitcoin will be just time, they can issue a separate legal framework before accepting Cryptocurrency.

There is another flip side of accepting bitcoin blindly, it may cause some damage to their economy thats why china govt has not accepted cryptocurrencies openly yet and not even China many other countries have done the same, this phase may be their testing phase for creating and accepting blockchain technology for future planning.

That might be right, China is trying to test whether this new innovations can help their economy or the other way around, if blockchain technology penetrates and successfully being embraced by this country surely more will do the same, the influence of china to the other side of the world are getting wider, using blockchain and enhance more will give them some advantages in terms of payment transactions.