Chinese government may cancel all bitcoin websites ,the mainstream media only reports bitcoin passive news .At least 10 members of bitcoin funds foundation resign with unsatisfying outcome .Cloud mining becomes the future trend ,but we should prevent the risk .Coinbase gives bitcoin to students .
1.The attitude towards bitcoin from Chinese government
Though 10th May has gone ,the supervision policy from Chinese government is still unclear .Meanwhile ,Chinese government is disturbing bitcoin websites ,such as Blockchain ,BTC –e and Coinbase .he government tries to unstablize the websites so that they seems undependable .It has taken similar measures to Google .
Comment :
(1)At present ,the attitude towards bitcoin from all governments on the global is tolerant .As everybody knows ,bitcoin attribute is to decrease the mintage from governments ,so the governments hate it .Now ,half of governments are tolerant to bitcoin because they cant attack it strongly with policy .Bitcoin payment attribute is more advanced than traditional currency .So if most countries attack bitcoin ,the rest will gain enormous profit .
(2)Little hostility from Chinese government .At present ,bitcoin biggest market are America and China .So their attitude to bitcoin may affect bitcoin price strongly .However ,I don’t think China is the most hostile country in the future.It depends on American policy mostly .Why ?For a long time in the past ,the attitude towards bitcoin from America seems friendly ,so Chinese is a little more hostility .However ,I think that American policy may be more serious than China in the future .
(3)Different department in the government has different attitude towards bitcoin .Last week ,American Federal Electio Committee agreed to use bitcoin in political donation .However ,American National Tax Bureau believed that bitcoin should be taxed .Banks also hate bitcoin much .
(4)At present ,bitcoin and Google suffer the same case in China .But bitcoin destiny must be worse than Google because most countries all over the world accept it ,while maybe one day almost all countries resist bitcoin .
2.members in bitcoin funds foundation resigned
Last week ,Bobby Lee and Brock Pierce was elected into the board of directors .On Monday this week ,at least 10 members in bitcoin funds foundation resigned with the unsatisfying outcome .Because Pierce has been accused of providing drug for underage and forcing them to provide sexual service .
Remaks: Due to language difference, sometimes people out of China can’t know what happened in China quickly. so we are here to make effort to change little, we will translate 3-4 bitcoin news in China to English everyday to help people out of China know what happened and what people thinks about bitcoin in China, If somewhere translate not that good, pls PM us so that we can correct it.