Quote from: Johnyz on January 14, 2020, 01:15:00 PM

Quote from: mrquackquack on January 10, 2020, 01:42:56 PM

Seemingly in the news we hear how China is anti Bitcoin and anti cryptocurrency and well that may be all well and true but for an anti Bitcoin Country they sure do have lots of hash. In the Top 10 mining Pools in the world China has around 4 maybe even more. Which comes to the question what is really going on in China & The Bitcoin. As usual thoughts and comments are more than welcome. Thanks.

They secretly support bitcoin and cryptocurrency but their government only said they want blockchain technology and I really think theres a goal beyond that. This is my theory on this one, every country already realize and recognize bitcoin, but since big businesses prevent them from accepting it, they still make pressure to us. China and bitcoin will be good in time, we need a huge market.

I think they want control more than anything or rather not to lose it. That is what China is like. They know the blockchain and crypto won't go away the best thing they can do it allow the use of crypto but make sure they use government crypto and make sure people know the difference between the blockchain and crypto so people understand that bitcoin is not supported but another crypto on the blockchain might be.