Quote from: Quidat on Today at 11:00:33 PM

Quote from: In the silence on March 12, 2021, 04:28:29 PM

Quote from: Swopon on March 07, 2021, 04:47:59 AM

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As always, China mostly wants to be the first in case of innovations and mass adaptation regarding on technology. They had precautions about cryptocurrency and they know where are the bounderies that must be taken care of. They know that there's more potential on cryptocurrency for the near future and taking advantage on it is a great idea, also, their reference from its success as we all know that it is bitcoin.

What are you saying dude? China does have that kind of recognition or positiveness towards bitcoin as recently they have banned btc mining and they enforce up the use of their own digital fiat which is totally opposite on what you are claiming.

For banks then they dont like to get behind on whats the trend, not that they are accepting or integrating crypto but rather they would really be creating their own digital currency and of course that would be still talking about
centralization.

China was very smart to enter the world of cryptocurrencies, first they used the FUD, they took the opportunity to make a huge campaign in favor of their stablecoin, then they spoke well of Blockchain, which led to talking about Bitcoin, this was maintained while Facebook's Libra was launched, Well, China had a lot of panic, they affirmed that Facebook's Libra was going to be treated as a normal currency, also that it was identical to the stablecoin, what benefited them was when they defeated the pandemic in its first stage. From then on everything turned out excellent. China really admired that cunning in economic movements, they entered with Blockchain in a big way.

If the banks offer cryptocurrencies in China, it will be very well controlled and guarded, it is no wonder that the banks there migrate towards blockchain and cryptocurrencies.