Post
Topic
Board Economics
Re: Problems In Chinas Economy & Escalating Trade War Will Cause Large Bitcoin Rally
by
barbara44
on 24/05/2019, 10:39:03 UTC

Jason talks about how China's economy getting worse plus the US vs China trade war escalating means that many CCP elites in China and rich Chinese businessmen are getting around capital controls and getting their savings out via Bitcoin.


Click here to watch this video and to read more:

https://goldsilvernews.blogspot.com/2019/05/problems-in-chinas-economy-escalating.html

Well whatever economy challengethey are having or any trade between them that makes them see bitcoin has solution or way out of some of the circumstance will surely favor bitcoin in a big way, but for now, I don’t really see people of china, especially the influential ones use bitcoin as solution to any of their problems yet.

They still have some doubts about the system and until the air is cleared about it and bitcoin is generally supported in china before they can even consider it as an option, but if it’s to move money without them being traced, I am sure some of the elite may think of bitcoin.