Post
Topic
Board Bitcoin Discussion
Re: China's plan to sideline bitcoin
by
aad140386
on 09/07/2019, 08:20:14 UTC
I think that the reason for such actions by the Chinese authorities is that for many years they tried to integrate the yuan into the system of international payments and thereby expand the use of the yuan throughout the world. For the yuan already sell gold, metals, oil and so on. The International Monetary Fund began to use the yuan as one of the reserve currencies. Bitcoin can destroy all the long-term work of the Chinese authorities on the integration of the yuan in the global financial system.