[2017-11-25] Xiaomi CEO Lei Jun, China’s Steve Jobs, Linked to Bitcoin Mining

gentlemand

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Quote from: MoonJeina on November 26, 2017, 10:07:40 AM

Getting to know about the interest of a millionaire in Bitcoin is not something new I've heard . But from a Chinese millionaire , it seemed pretty odd to me . All the hustle between China and Bitcoin made sure that there will be no use of bitcoin in china "strictly" .

People at this level are beyond nationalities and beyond national jurisdictions. He could buy himself any passport and he'd be welcomed anywhere in the world.

It's the little people the Chinese government wants to deter. Those are the ones they fear.

I'm not surprised by this news at all. I'll bet some very big names have taken subtle positions, possibly several years ago too.

MoonJeina

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Quote from: CryptoBry on November 26, 2017, 12:24:26 AM

Quote

One of China’s richest men, billionaire and Xiaomi CEO Lei Jun, may be a closet Bitcoiner. According to details in the recent “Paradise Papers” document leak, corporate entities Lei controls are linked to those controlled by Bitmain founders Jihan Wu and Micree Zhan. However, Bitmain denies there is any business connection.

Tech entrepreneur Lei, whose company Xiaomi is known for following a similar philosophy to Apple’s, is often described as “the Steve Jobs of China” (though he’s reportedly unhappy with that moniker). Forbes estimated his 2016 net worth as $9.8 billion USD.

What’s the Alleged Connection Between Lei and Bitmain? The alleged connections result from the so-called “Paradise Papers” leaks of over 13 million confidential digital documents related to offshore business dealings and investments involving wealthy politicians, businesspeople and royalty. News reports stemming from the leaks began appearing in the first week of November 2017.

This is taken from this source!

As quite expected, there are now many rich people already involved in Bitcoin and some of them are not confirming their interest with cryptocurrency for some reasons we may never know. What can't be denied is that when there is a smell of money or an opportunity to increase their wealth, you can be sure that moneyed people will always be there to exploit the platform. Bitcoin is now starting to be accepted by many circles of the society and this is just the tip of the iceberg as more and more news like this one are coming to us. The lesson here is that it is time to also get involved with Bitcoin!

Getting to know about the interest of a millionaire in Bitcoin is not something new I've heard . But from a Chinese millionaire , it seemed pretty odd to me . All the hustle between China and Bitcoin made sure that there will be no use of bitcoin in china "strictly" .
As mentioned that Lei is the Steve Jobs of China he might have acknowledged the immense potential in bitcoin . The connections with bitmain would be relevant in this scenario as Asia is one of the biggest user of bitcoin and China was definitely not an exception . Pretty much every "techie" millionaire is involved but most of them are keeping mum about it . Since Lei is a big name , he must have withdrawed all his connections with bitmain after the ban as no one wants to be in expected troubles.

jamids

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It is not surprising that a billionaire like him would invest in cryptocurrencies because rich people are looking for ways to maintain or add more to their wealth and investing in bitcoin is one of them. Rich people are up to date to the current trends especially if it is related to the businesses that they handle. Xiaomi is into electronics and bitcoin is electronic related as well. He may be an investor for a long time already but due to the lack of regulations, he decided to just close his mouth about it. After all, rich people are not required to disclose all their investments to the public.

CryptoBry

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Quote

One of China’s richest men, billionaire and Xiaomi CEO Lei Jun, may be a closet Bitcoiner. According to details in the recent “Paradise Papers” document leak, corporate entities Lei controls are linked to those controlled by Bitmain founders Jihan Wu and Micree Zhan. However, Bitmain denies there is any business connection.

Tech entrepreneur Lei, whose company Xiaomi is known for following a similar philosophy to Apple’s, is often described as “the Steve Jobs of China” (though he’s reportedly unhappy with that moniker). Forbes estimated his 2016 net worth as $9.8 billion USD.

What’s the Alleged Connection Between Lei and Bitmain? The alleged connections result from the so-called “Paradise Papers” leaks of over 13 million confidential digital documents related to offshore business dealings and investments involving wealthy politicians, businesspeople and royalty. News reports stemming from the leaks began appearing in the first week of November 2017.

This is taken from this source!

As quite expected, there are now many rich people already involved in Bitcoin and some of them are not confirming their interest with cryptocurrency for some reasons we may never know. What can't be denied is that when there is a smell of money or an opportunity to increase their wealth, you can be sure that moneyed people will always be there to exploit the platform. Bitcoin is now starting to be accepted by many circles of the society and this is just the tip of the iceberg as more and more news like this one are coming to us. The lesson here is that it is time to also get involved with Bitcoin!

Topic: [2017-11-25] Xiaomi CEO Lei Jun, China’s Steve Jobs, Linked to Bitcoin Mining (Read 2460 times)