Post
Topic
Board Bitcoin Discussion
Re: China & The Bitcoin
by
LUCKMCFLY
on 17/01/2020, 21:53:22 UTC
~snip~

Undoubtedly, China is the protagonist in terms of Bitcoin, it is one of the largest miners in the world, its importance is very much thanks to it, some countries like the USA some people have been preparing to be the biggest competition.

For now, China is of great interest in the topic of Blockchain and its cryptocurrency that recently has a great direct opponent that is Libra that has not yet been launched, in China they have used marketing to exalt Blockchain and its Stablecoin, they make FUD towards Bitcoin In some newspapers, just to encourage their population of preference towards stablecoin, it should be said that it is a business model that they are defending so that their local economy is not affected. In economic terms, it is a fact that China is fighting against the hegemony of the dollar and the best way is through Crypto and its stablecoin, having full control of it.