Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is Trending on China
by
Mpamaegbu
on 10/02/2020, 20:02:49 UTC
My opinion is that it doesn’t matter if China likes bitcoin or not. They’ve supposedly banned it numerous times already & the price always recovers.

In conclusion, China either becomes bitcoin friendly in time or gets left behind. Bitcoin will be the biggest wealth transfer we’ve seen soon, it’s a store of value & a great payment tool.

Move with the times or get left behind, your move China!
This is apt! You just took the word out of my mouth. For all I care, China made a grave mistake in 2017 when she banned Bitcoin. The Chinese will soon regret that action by its political leaders. China either keys into the rave of the moment or miss out. It's their choice to make. Oh! It could be its government is looking the way of Bitcoin (rather than the Yuan which it strongly tries to protect) as a safe Haven because  of the Coronavirus outbreak.