translation of news.
some banks in china wont deal with bitcoin.
also for the last 4 years
some banks in america wont deal with bitcoin.
some banks in canada wont deal with bitcoin.
some banks in mexico wont deal with bitcoin.
some banks in UK wont deal with bitcoin.
some banks in ireland wont deal with bitcoin.
some banks in france wont deal with bitcoin.
some banks in russia wont deal with bitcoin.
some banks in spain wont deal with bitcoin.
some banks in germany wont deal with bitcoin.
some banks in holland wont deal with bitcoin.
some banks in cyprus wont deal with bitcoin.
some banks in australia wont deal with bitcoin.
are you getting the picture? its not new news, its standard for banks that dont understand new technology to fear it. all that exchanges do is find a better bank.
china is not new, bitinstant had to change banks, bitstamp, btc-e, coinbase, etc etc etc.. its nothing to worry about, its just early ignorance that takes time to overcome. slowly more banks are allowing businesses to set up accounts. so dont worry, its not a big of a deal,
Been watching your posts, consistant and you dont waste space. Maybe you should be in this Bitcoin Foundation thing.
Absolutely, franky's posts are brilliant
There are also bank accounts locked and limited all over the place, for all sorts of reasons, majority of people ignore it until shit hits the fan and they are affected themselves
Be it tax reasons, you being Russian, the bank being in Cyprus or Iceland, someone with a stolen account pays you without your fault, and many many other reasons besides BTC payments, that can kill your bank account tomorrow!
If Chinese had any common sense they would not sell, but buy, with their remaining funds at exchanges because the BTC are safer (not pricewise of course) than numbers on bank accounts.