Re: China Has Something to Do with Bitcoin's Price Increase After All
I wonder if this is true. Articles I've found also use this Twitter account as their source. It's really hard to tell what China would and wouldn't do at this point. It would also be interesting how people would react to censorship if it (potentially) favors them lol.
Only when China allows local exchanges to operate again, I'll believe in their technocratic blockchain crap.
In the end, it's contradictory to promote blockchain while refraining projects from raising funds from investors.
Well, China is a world of contradictions...
In the end, it's contradictory to promote blockchain while refraining projects from raising funds from investors.
Well, China is a world of contradictions...
They do allow OTC exchanges, which is something I suppose. And the only (or at least largest) reason they banned regular exchanges is to curb capital outflows, or so they say.
I do wonder why Xi himself would publicly come out in support of blockchain tech, but we can only assume they have something big in the works. I don't think it will be good for Bitcoin.
that is what will happened to anybody who thinks and acts aggresively like what china did to ban the whole thing involved bitcoin/cryptocurrency few years ago but in the end they found it something interesting recently and decided to make a bold announcement through their number 1 man in china Xi Jinping.
i don't know if it was a drama made by them , but yes i think china is well known making contradictive policies all the time.
intentionally? i think so , some people think china is pretend to be fool but the actual it is just the part of unusual politics strategy, yes politics! don't call me non sense please , you can read tons of conspiracy theory involved china all over the internet.