Post
Topic
Board Bitcoin Discussion
Re: Bitcoiners in Hong Kong protests?
by
Viscore
on 06/11/2019, 23:32:29 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/

Yes, exactly, there are lots of crypto enthusiast situated in Hongkong, we even have some exchanges there, I don't know exactly why they need to protest and they can't unite as one, so thank you for sharing it. Hope that everything will be fine there, but as per my friend, they are fine and they can transact crypto exchange in Hongkong despite the war happening there.
I also have my friend in Hongkong and right now, things are doing fine already. They can transact already whatever transactions they want including with those crypto enthusiasts compared with those previous days wherein they just want to stay inside their homes to avoid the war outside. Now, things are back to normal and crypto exchanges continue to operate for those who want to make crypto transactions.