Ninjastic
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Post
Topic
Board Bitcoin Discussion
Re: China is going to rule crypto!
by
creeps
on 23/01/2019, 19:29:58 UTC
Quote from: McVillan on January 23, 2019, 10:20:22 AM
Quote from: Kakmakr on January 23, 2019, 05:39:45 AM
I disagree with you. China is all about control and Bitcoin does not give them control over many aspects of their citizens. They want to control capital flowing in and out of China and Bitcoin is borderless. They want to know what their citizens are spending their money on and Bitcoin is pseudo anonymous.

Japan will soon rule the Crypto currency scene, because they have none of these restrictions and their government is embracing the technology.  Wink

Agreed Japan already does in some respects - legislation + guidance already in place
Japan is one of the great place to use cryptocurrency but since China is big enough to rule the market, there’s a possibilities for this to happen. If China continue to be more cryptofriendly we will see a green market again. Don’t be scared on China, just do what is right and you will also benefit from this trend.