Post
Topic
Board Bitcoin Discussion
Re: The risks of using Bitcoin
by
Kimberl2020
on 14/08/2021, 08:12:21 UTC
It seems to me that you think about Bitcoin as a dummy. Have you ever heard that Chinese government started replacing gold by Bitcoin in offshore yuan security. I mean that nowadays Bitcoin, corn, cotton, copper are collateral of offshore yuan.
Anyway I am ready to take risks to get profit, as I consider Bitcoin to show us big increases and potential in the future.

To be honest, I haven't heard of that thing you said. I only know that the Chinese government has denied the currency properties of Bitcoin and is not allowed to circulate and use as a currency in the market, but it has not denied that it is held by people as a valuable asset.

Although I said the risks of using Bitcoin, I still hold Bitcoin firmly. same as you.