Chinas state-controlled television station, CCTV.com, recently hosted a segment breaking down
Bitcoin, according to a prominent trader that closely follows the regions cryptocurrency scene.
China's state controlled television explaining the basics of "first ever
blockchain technology" #bitcoin $btc, and how a distributed ledger works
Imagine 1.3 billion people got to know bitcoin because state made an effort to explain how it works.
I believe so too and I have also seen so many post that has said one or two things about this also which means big percentage of people also have this line of thought and at least for once in the history of bitcoin, we all have a reason why bitcoin price surge unlike before that we usually dont know what caused the surge.
This media broadcast which even included the speech of the president as regards his stand for cryptocurrency really made a very great move to encourage lots of bitcoin holder and even made many people to start investing in it and I am sure that by now, India too would have already be dropping their plans to ban cryptocurrency having known that china has stepped down a little bit in his own plan of banning the blockchain projects.