Topic: [2014-05-13] CD: US Government Report: China is Threat to Global Bitcoin Economy (Read 1006 times)
May 13, 2014, 10:59:59 PM
Yes , China has some regulation in place, a legal framework and that doesn't go completely against Bitcoin.
May 13, 2014, 10:53:25 PM
Quote
“If Chinese regulators successfully prevent Chinese users from accessing bitcoin, the global bitcoin market will face continued price declines, significantly decreased trading volumes and threats to its legitimacy.”
These people have no clue, all that will happen is people will switch to stuff like the Dark Wallet and Bitcoin will be driven underground and become a black market in China, people will trade Bitcoins for cash in person rather than on the internet to avoid sting operations, the U.S government is delusional.
May 13, 2014, 01:34:03 PM
May 13, 2014, 01:04:06 PM
US Government Report: China is Threat to Global Bitcoin Economy
http://www.coindesk.com/us-government-report-china-threat-bitcoin-economy/
http://www.coindesk.com/us-government-report-china-threat-bitcoin-economy/
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