Post
Topic
Board Economics
Re: China Banning BTC. Any thoughts for the soul especially the mind?
by
greenalliancegroup
on 04/05/2014, 17:09:55 UTC
Dude Its as close as you can get banning BTC when you decide not to let your citizens do any transactions associated with BTC with your local bank.

The Chinese will always lag behind if they decide to ban innovation like BTC. I believe the issue with China is the mindset and openness to new technology.

One good example is China has polluted most of its lands due to manufacturing. They sacrificed there food supply for manufacturing. They have not really instituted laws that will preserve the country instead destroying it from the bottom up or embrace cleaner manufacturing styles.

Everyone says China will be the next superpower. Although if you look at there pollution rates, population growth, laziness of the next generation, close minded to new technologies, and lets not forget rampant corruption. Its in big trouble.

If you guys ever go to China. A lot of the newly built buildings are only 50% occupied.

My hope for China is them changing there ways.