Ninjastic
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Board Economics
Re: Hong kong and China war can lead to possible Bitcoin popularity
by
Febo
on 19/06/2019, 17:37:07 UTC
Quote from: Kakmakr on June 17, 2019, 04:29:53 PM
Quote from: Febo on June 17, 2019, 01:31:43 PM
Quote from: goaldigger on June 17, 2019, 05:23:26 AM
Hong kong and China war can lead to possible Bitcoin popularity

Hong Kong = China   Not sure what war are you talk about.


It is more a Cold War of words at this moment.  Roll Eyes  China's extradition plans is causing a uproar in Hong Kong and a lot of people are fearing that their relatives would be extradited to mainland China if this bill is passed. They call these people criminals but a lot of them are political opposition to China's rule.  Roll Eyes

A lot of these people can use Bitcoin to protect their wealth, if they are extradited to mainland China because it is borderless and capital controls can be bypassed if it is used correctly.  Grin

Just another small win for the small guys.  Grin

Bitcoin was made for small guys. Right now a lot rich use it but it will give real power to normal people and poor.  Rich could always preserve their wealth.