Author

Topic: [2014-05-07] Bitcoin and China: No Fire Without the Dragon? (Read 500 times)

legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
So tired of hearing about China, this subject needs an exciting picture:

...China: No Fire Without the Dragon?


Bitcoin is booming all over the World, with or without China.

full member
Activity: 280
Merit: 100
https://coinreport.net/bitcoin-and-china-no-fire-without-dragon/

Quote
Should the Chinese economy collapse due to spending overdrive what can the Chinese turn to? Bitcoin? The same question may be asked if the US defaults or collapses and China takes up the mantle as reserve currency holder. The issue then becomes the acceptance of bitcoin by the PBOC.  If China succeeds and fills her empty cities while bitcoin is stifled, then the opportunity missed will be immense.

Excellent  Cool Cool China truly is a big player when it comes to almost anything .. including bitcoin whether we like it or not..
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