Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
http://cointelegraph.com/news/111911/china-there-is-space-for-bitcoin-pboc-deputy-secretary
time to buy
time to buy
The full speech by that Deputy Secretary of the People's Bank of China's Survey and Statistics Department is found here: http://www.reddit.com/r/BitcoinMarkets/comments/28rwu9/chinese_central_bank_official_there_is/
It mentions Bitcoin in the third of a list of ten predictions on the impact of internet in the future of money and finance:
Quote
三、冲击货币金融主权的概念。在未来，货币金融的主权概念是大大突破的，比特币是有存在空间的。
Third is the impact on the concept of monetary and financial sovereignty. In the future, there will be large breakthroughs in the concept of monetary and financial sovereignty and there is space for Bitcoin to exist.
Third is the impact on the concept of monetary and financial sovereignty. In the future, there will be large breakthroughs in the concept of monetary and financial sovereignty and there is space for Bitcoin to exist.
The guy's titlte became "General Secretary of PBoC" in the bitcoin press. Of course.
I don't think that the Chinese traders were much impressed by that.