Ninjastic
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Re: Hong kong and China war can lead to possible Bitcoin popularity
by
pugman
on 20/06/2019, 23:24:10 UTC
Quote from: Kemarit on June 18, 2019, 01:27:53 PM
Quote from: goaldigger on June 17, 2019, 05:23:26 AM
We all know that China doesnt want to be involved on cryptocurrency for some reasons but after whats happening to China and Hong Kong, it seems like bitcoin would be the main option.

I don't think Bitcoin will be the main options, wealthy Chinese or Hong Kong citizens can still go to traditional assets like Gold.

Quote from: goaldigger on June 17, 2019, 05:23:26 AM
We dont want to have this kind of war between people or countries. Even though it will be a good way of boosting bitcoin, i hope it will not end in that way and resolve the problem of both countries. Its still not safe there till now. Lets pray for the people's safety.

Here's the full article
https://bitcoinist.com/hong-kong-protest-china-bitcoin-assets-offshore/

Don't exaggerate things, there will be no war between the two, remember they still shared the same President and that is the current President of China.  Grin. But what I admire about Hong Kong residents is that they march in the street because they know the future of their country is at stake. But as to the net effect on crypto? I'm still divided though, maybe some of them has shifted their wealth to Bitcoin but for sure majority is still undecided because they know that this will settle down.
The people are marching and revolting because of China's big dick fuckery. The Chinese laws and their bill will fuck up entirety of Hong Kong, as if their cost of living already doesn't. Bitcoin's price won't be affected by this for sure, hardly a few would even consider purchasing bitcoin, they have their lives at stake, everything they stand for is at stake rather. This issue is way bigger than what media portrays because Kylie Jenner just lost one strand of her hair OMFG.

Quote from: stompix on June 19, 2019, 07:57:43 AM
There are no two nations, HK is an autonomous region with more than 90% of the population being Chinese.
Apparently not: https://www.bbc.com/news/world-asia-china-48607723