Post
Topic
Board Bitcoin Discussion
Re: China is going to rule crypto!
by
hulla
on 23/01/2019, 14:18:58 UTC
https://blokt.com/news/chinas-increasing-stake-in-crypto

Just came across this article about China's increasing stake in crypto. Kinda crazy to hear how even if the government is doing its best maintain control over blockchain, companies are still thriving. It seems like China is much more pro-blockchain and crypto than the rest of the world.

Any thoughts?
Firstly, I really dont believe any move which was said to be made by the Chinese government because they seems not to be open mind and they always after self satisfaction. Besides, the Chinese government dont have the requirement to rule crypto currency because crypto actually give every individuals right and freedom while the Chinese government like to be in control of something which is why they wanted to maintain control over blockchain as you said.
Mind you blockchain is too broad for a country to control.