China has the power to control something include cryptocurrency because they are commit to "stubborn" on every commodity.
I wish this become reality because when they control crypto, everything will start green.
That's what investor waiting for !
Topic: China is going to rule crypto! - page 2. (Read 540 times)
I disagree with you. China is all about control and Bitcoin does not give them control over many aspects of their citizens. They want to control capital flowing in and out of China and Bitcoin is borderless. They want to know what their citizens are spending their money on and Bitcoin is pseudo anonymous.
Japan will soon rule the Crypto currency scene, because they have none of these restrictions and their government is embracing the technology.
Japan will soon rule the Crypto currency scene, because they have none of these restrictions and their government is embracing the technology.
I agreed on your answered, I am definitely believed that Japan is much more good compare into adoption of crytpo currency about in China.
All I can see only for China they just want to get the biggest average of controlling Bitcoin or crypto all over the world, base on in my assessment only.
China will definitely rule crypto because when comparing Chinese government rules regarding economy with other countries they always keep an open economy which includes foreign investments and also today cryptocurrency involvements so with that there economy is rising in a higher rate than any other country and that is why the chance is higher for china to rule the crypto world in the future surpassing any other country
I'm not updated anymore on what's the movement of crypto's on China after the ban they made for ICOs and trading but what I know was there's still a good number of crypto people out there, including investors and businesses.
They did even ruled and control the market before and right now, looks like they are pushing for more adoption to blockchain and crypto's.
I am also not updated on China's how they accept crypto to their country, the last time I heard is that they banned ICO's and trading that is why bitcoin value drops as the news I heard last year if I am not mistaken. This is also one of the reasons why bitcoin value drops but I guess there is also some other reason why bitcoin value drops so hard. If China is going to use crypto then that is good, there are many of us and in China still believes in the potential of bitcoin. They did even ruled and control the market before and right now, looks like they are pushing for more adoption to blockchain and crypto's.
https://blokt.com/news/chinas-increasing-stake-in-crypto
Just came across this article about China's increasing stake in crypto. Kinda crazy to hear how even if the government is doing its best maintain control over blockchain, companies are still thriving. It seems like China is much more pro-blockchain and crypto than the rest of the world.
Any thoughts?
Firstly, I really dont believe any move which was said to be made by the Chinese government because they seems not to be open mind and they always after self satisfaction. Besides, the Chinese government dont have the requirement to rule crypto currency because crypto actually give every individuals right and freedom while the Chinese government like to be in control of something which is why they wanted to maintain control over blockchain as you said. Just came across this article about China's increasing stake in crypto. Kinda crazy to hear how even if the government is doing its best maintain control over blockchain, companies are still thriving. It seems like China is much more pro-blockchain and crypto than the rest of the world.
Any thoughts?
Mind you blockchain is too broad for a country to control.
Wow, I just can't believe it at first, because China had ICOs. But think it carefully, there are a number of investors paying close attention to crypto space. With provision for China's attitude and condition, I will wait for some time to make sure this.
If it would happen then they ust remove ban which means we can see long bull run but afther all China gov. has done i really dont belive them if India and China start to regulate btc then we can say BTC adoptation really started and it can be world currency like USD and other an even somthing like gold i belive.
It seems that China has been using and supporting the use of cryptocurrency for a very long time. It's just that the development of cryptocurrency has only been used by a number of companies and now more and more people are starting to use cryptocurrency.
I doubt about it, China is famous of the strict regulations and like to control everything, and there are several times China try to ban crypto, I think we are going to hear China banning crypto again, China is not suitable for crypto power, the regulations are too strict
https://blokt.com/news/chinas-increasing-stake-in-crypto
Just came across this article about China's increasing stake in crypto. Kinda crazy to hear how even if the government is doing its best maintain control over blockchain, companies are still thriving. It seems like China is much more pro-blockchain and crypto than the rest of the world.
Any thoughts?
Just came across this article about China's increasing stake in crypto. Kinda crazy to hear how even if the government is doing its best maintain control over blockchain, companies are still thriving. It seems like China is much more pro-blockchain and crypto than the rest of the world.
Any thoughts?
I'm not sure about the articles or news that you share
and if that's true, maybe growth will really be seen starting today. but there is no other news that strengthens the article.
https://blokt.com/news/chinas-increasing-stake-in-crypto
Just came across this article about China's increasing stake in crypto. Kinda crazy to hear how even if the government is doing its best maintain control over blockchain, companies are still thriving. It seems like China is much more pro-blockchain and crypto than the rest of the world.
Any thoughts?
Just came across this article about China's increasing stake in crypto. Kinda crazy to hear how even if the government is doing its best maintain control over blockchain, companies are still thriving. It seems like China is much more pro-blockchain and crypto than the rest of the world.
Any thoughts?
Certainly it will increase while their number of shares increases, every year, while the biggest mining bitcoin is in China, we can see some videos about the biggest mining in China and they are almost competing to build more to grow their mining, so it's impossible if they not pro about bitcoin, they even support the development of bitcoin to date.
China is the biggest economy right now in the whole world and indeed cryptocurrency is the best option to hedge some part of their economy if the bigger slice will be owned by China then this is a good thing that the biggest economy right now does know something that the other big world economy wants nothing regarding bitcoin and cryptocurrency.
As a communist country China will never accept BTC as a legal means of payment, they will use only those coins which they can control and which are not decentralized. Their actions from the past show us in which direction they are actually going, and we can see that their main interest is in blockchain and development in that area.
It is amazing that a good part of the crypto world puts his hopes on China as a rescuer of cryptocurrency, and forget everything bad that has come from that country. It would be best for rest of the world to China is stay where they are now, let them play with blockchain and leave BTC to free world.
It is amazing that a good part of the crypto world puts his hopes on China as a rescuer of cryptocurrency, and forget everything bad that has come from that country. It would be best for rest of the world to China is stay where they are now, let them play with blockchain and leave BTC to free world.
i doubt that, china is spreading blockchain adaption officially but miners are scattered, they might be in huge in numbers, but not going to dominate crypto.
https://blokt.com/news/chinas-increasing-stake-in-crypto
Just came across this article about China's increasing stake in crypto. Kinda crazy to hear how even if the government is doing its best maintain control over blockchain, companies are still thriving. It seems like China is much more pro-blockchain and crypto than the rest of the world.
Any thoughts?
Just came across this article about China's increasing stake in crypto. Kinda crazy to hear how even if the government is doing its best maintain control over blockchain, companies are still thriving. It seems like China is much more pro-blockchain and crypto than the rest of the world.
Any thoughts?
I really doubt that, because a lot of people may still buy crypto from any where around the world and China really can't take it all and why would they?
The Chinese government has not been very friendly with Cryptocurrencies and I doubt they are going to lead the world on this, since they love to control just anything. I expect USA and Japan/South Korea to taking the lead.
I am not sure about China ruling cryptocurrencies with all the bans they have there plus they already have their own platforms running digital payments. Maybe they can become number one adopters of blockchain technology.
The advantage of China is definitely the price of electricity, which attracts investors from around the world to build a cryptocurrency mine there. The Chinese government has long been interested in cryptocurrencies, but it seems to me that it is still afraid of decentralization and lack of control over the market. I think that the still valid communist system will be a big problem for cryptocurrencies and China will not be able to become a leader. I think the game will take place in the European Union. Take look on Switzerland or Malta.
I disagree with you. China is all about control and Bitcoin does not give them control over many aspects of their citizens. They want to control capital flowing in and out of China and Bitcoin is borderless. They want to know what their citizens are spending their money on and Bitcoin is pseudo anonymous.
Japan will soon rule the Crypto currency scene, because they have none of these restrictions and their government is embracing the technology.
Japan will soon rule the Crypto currency scene, because they have none of these restrictions and their government is embracing the technology.
Agreed Japan already does in some respects - legislation + guidance already in place
I think it would be best if the governments do not manage or somehow regulate the cryptocurrency for their purposes, but simply cooperate or give people the right to perform operations with Bitcoin (or cryptocurrency in general). In this way, they can unleash the full potential of Bitcoin.
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