Post
Topic
Board Bitcoin Discussion
Re: China & The Bitcoin
by
DooMAD
on 10/01/2020, 15:06:54 UTC
Seemingly in the news we hear how China is anti Bitcoin

The media are quite mistaken, as usual.  "China" is more than just its government.  If everyone in China was anti-Bitcoin, then the media can report that "China is anti Bitcoin".  But as it stands, that's clearly not the case.  Bitcoin does not require approval from governments in order to function, so it doesn't matter if the government of a particular nation don't like it.  The fact that all those Bitcoin users who are based in China are willing to act against the wishes of their government speaks volumes.  It means we clearly have something to offer if they're prepared to risk attracting attention from an authoritarian regime and the benefits must outweigh the potential ramifications for them.