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.

The two countries are currently under stress because People in Hong Kong vehemently oppose a proposed bill, which would give authorities the power to deport those suspected of crimes to mainland China.

Hong Kong people obviously engaged in a rally for them to change the leader's mind. With this, the people, most specially rich ones wanted to withdraw all their money in China or makes it anonymous that's why they are eyeing on bitcoin as the main option for transferring of wealth.

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/

The reason you gave here is not enough to convince people in those countries to make use of cryptocurrency. And FYI China has banned Bitcoin for good and I don't think they are going to be accepting it any longer and if they do its going to be under regulation (oh, what am I saying Bitcoin can't be regulated right? That means they are not going to accept anyone making use of it. That's why a lot of crypto companies are moving out from china and moving to other countries where they will be allowed to continue their crypto business. Let's wait and see what the future holds.