Post
Topic
Board Economics
Re: CORONAVIRUS IMPACT ON CHINA ECONOMY
by
LogitechMouse
on 05/02/2020, 12:47:35 UTC
~
I don't see any correlation between what is happening on China and crypto in general. Maybe because of the sentiments and the fact that most of the mining pools are coming from China or its just the halving itself that makes the price of Bitcoin higher Cheesy.

In terms of the economy, yes it has a huge impact on them. When the SARS spread many years ago, their economy went down drastically.

Now they don't want this to happen again so what they are doing? People can't access to the internet anymore and those people who are sharing the true information of what is happening right now to China is being hunted already by the police. They are doing this to prevent what happen to their economy when SARS spread across the world.

Anyway, I commend the Chinese Government as they are doing everything just to stop the virus to be spread. Now China is suffering another disease again in Bird Flu. How can they handle this right now?