Post
Topic
Board Speculation
Re: the China PBOC event explained
by
zhangweiwu
on 31/03/2014, 08:46:58 UTC
I thought I understood your entire post, but I don't know where you got "If this speculation is true, Bitcoin will be allowed to live for another 3 months" from.  Why would you say 3 months?

Look at the recent 40 years of history, of our government wants to remove a business, it is done swiftly wtithout struggle. Managers put to prison (e.g. 顾雏军) or in extreme cases killed, company collapse with bad publicity (the state controls a significant portion of media and have loyalty of the rest - Caixin is already one of the most honest non-governmental that is allowed to live, hence I trusted their report - they are often reluctant to say what they know, but when they say, it is often true).

If the government wants to talk to you, then they are demanding for obedience, meaning they think letting you live is acceptable or benificial to them. Henc you will live for another 3 months, just to see if the result pleases them. 3 month is the usually shortest time-frame for our government to make a new decision (remember that when I post last time, 9th Jan, it takes about 3 months for this new decision).

Quote
And again, what game are the CEO's playing. I assume they are smart enough to know what you just explained if what you just explained is true. Why aren't they just moving out of the country?

We will wait and see how CEOs act. Moving out of the country has similiar outcome as they shutdown -> China out of the game. Google moved to HK and they are still being punished. You don't work on Chinese market without cooperation of Chinese government.