Quote from: DaftAjax on October 07, 2019, 12:46:12 PM

Quote from: ice098 on October 06, 2019, 03:06:08 PM

Yes, if bitcoin will become part of the issue it will make a bad image for bitcoin. It will only provoke china to ban bitcoin on its country, if bitcoin will be introduce to china in a good manner and it will be legalize to that country, it wi be a benefit for all of us, more and more people will gonna notice bitcoin. I hope bitcoin will be go mainstream in a good image.

LOL, where is this based on?

No, it will not make a bad image to Bitcoin at all. And even if they band Bitcoin in China(?), Chinese who have/invested-in Bitcoin will just go to another country and access it there. If I'm not wrong China already did ban cryptocurrency.

No, it will not benefit us just because something like this happened. It's already mainstream, FYI.

Quote from: teosanru on October 06, 2019, 01:37:19 PM

So best option would be cryptocurrencies. But problem here is that this could lead to a bad image of bitcoin among the General Public as it could be regarded as a money laundering asset which governments might not really like.

I think this would only be good for people who already have Bitcoin. And for those who don't, they will likely choose the traditional method such as investing in gold, silver.

Actually there are already cases that the public considers Bitcoin as money laundering. Because of Anonymity, politicians tend to transfer "illegal" money to their accounts. And since blockchain is untraceable investigators can't find evidence of it, but only theories.

Makes pretty much sense to me. The whole reason being bitcoin getting banned or restricted from a country is just that the governments are afraid of losing control over masses economy and this is true. Bitcoin comes under no ones control. If someone wants to enjoy total freedom over his money, he should start dealing in bitcoin. Moreover, not China nor Hong Kong or any other country can hurt bitcoin.