Re: Will Bitcoin Solve Chinese Banking, Household Debt Woes?

Quote from: derdemo on November 03, 2019, 10:28:19 PM

Chinas economy is not immune to the woes that are creeping into Western ones. It has long been a nation of savers but increasing household debt and more banking bailouts are signaling stormy economic weather ahead. Will bitcoin be the savior when the big crunch comes?

https://bitcoinist.com/will-bitcoin-solve-chinese-banking-household-debt-woes/

Bitcoin can't solve china banking because bitcoin not got respond from investor in China, many people there dislike with bitcoin and they look happy using and working with bank system, maybe use bitcoin only for increase money with investment way without have use bitcoin for banking way to save crypto assets in the bank.