Post
Topic
Board Bitcoin Discussion
Re: US freaks out on MT. Gox meanwhile China hoards all the coins....
by
miketonic
on 25/02/2014, 12:22:30 UTC
China seems to be hoarding everything but FIAT Smiley I believe it has also purchased a lot of gold lately.. They seem to have an opinion about FIAT currencies and how thing will play out in the future.

they have the biggest fiat holdings of all countries tho
That's true, but I believe they are trying to reduce those holdings by buying BTC, gold, etc.