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Topic
Board Bitcoin Discussion
Re: Lets think Bitcoin as an investment not payment system, is this right?
by
batako
on 19/09/2019, 06:40:22 UTC
Bobby Lee — co-founder and former CEO of China's first crypto exchange BTCC — says the Chinese have always thought of Bitcoin as an investment rather than a payment system.

Lee made his remarks during an interview for Charlie Shrem’s Untold Stories podcast on Sept. 18.
https://cointelegraph.com/news/bobby-lee-chinese-always-saw-bitcoin-as-investment-not-for-payments

- In accordance to what Bobby Lee said, it is indeed that China thought of bitcoin as an investment.
This might be the reason why China was one of the biggest percentage average of having a bitcoin mining farm.
all over the world, What's your view about this thought? Smiley

Not only in China, in many countries bitcoin will remain as an investment rather than as a payment system. A good currency has its own rules that will never be fulfilled by bitcoin. Centralized and government control are the two most important things.