Post
Topic
Board Bitcoin Discussion
Re: Bitcoiners in Hong Kong protests?
by
Mandoy
on 19/10/2019, 11:02:57 UTC
Are there Bitcoiners in Hong Kong? How is the situation over there? I believe it should be Bitcoin's time, and help protesters in collecting donations, and help move value in Bitcoin.

There are a lot of bitcoiners or bitcoin users in hongkong. With the current conflict between the pro-democracy groups and the beijing loyalist constant protest were held and people are already suffering including their economy. It is no wonder that many hongkong citizens are now buying bitcoin. If you want to check at localbitcoins you can find there a huge volume of peer to peer transactions. If the protest will continue hongkong dollars will decline and people will continue to migrate into bitcoin.

Anyway check out this article to see how the conflict in hongkong have created huge impact on bitcoin: https://thenextweb.com/hardfork/2019/10/02/localbitcoins-sees-huge-spikes-in-usage-during-hong-kongs-political-unrest/