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Topic: PBOC Ex-Deputy: No Space for Coexistence of BTC and CNY in China (Read 1149 times)

legendary
Activity: 1582
Merit: 1064
The title still hasn't been changed.
Too misleading.
full member
Activity: 236
Merit: 100
Not sure what is their stand anyway. Ok or Not Ok? If okay, then the price of btc should be moving up and not down. I thought the policy was towards restricting use of cryptocurrency but now the tone is different.  Huh

I just mean her views does not represent the Chinese Government, so no matter what she said is "yes" or "no", not much contacts
newbie
Activity: 19
Merit: 0
Yet another China Bans Bitcoin thread.
A Ban Should “Target Risky Products and Foul Players, Not Bitcoin Itself”
http://cointelegraph.com/news/112112/a-ban-should-target-risky-products-and-foul-players-not-bitcoin-itself-lakebtc-ceo-thomas-xie

Also spoken by Thomas Xie
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Yet another China Bans Bitcoin thread.
full member
Activity: 219
Merit: 100
Not sure what is their stand anyway. Ok or Not Ok? If okay, then the price of btc should be moving up and not down. I thought the policy was towards restricting use of cryptocurrency but now the tone is different.  Huh
just like

Quote
People still listen to what she has to say
anyway, what she said is nothing help to the policymakers
legendary
Activity: 3682
Merit: 1580
Such a misleading title. Change it already!
Q7
sr. member
Activity: 448
Merit: 250
Not sure what is their stand anyway. Ok or Not Ok? If okay, then the price of btc should be moving up and not down. I thought the policy was towards restricting use of cryptocurrency but now the tone is different.  Huh
full member
Activity: 219
Merit: 100
I think it is a good news, but the price has dropped  Embarrassed
full member
Activity: 122
Merit: 100
Whether Clinton's or W.Bush's speech will affect Obama's decision?  It is hard to prove
full member
Activity: 236
Merit: 100
The former deputy director of the People’s Bank of China has stated that virtual currency can exist in tandem with government-issued currency in a public speech.

Speaking at the Sanya Forum international finance event, Wu Xiaoling asserted that “private money in a digital form can coexist with government money” and that such a situation is “the norm in human society.”

[...]

Sounds great, but, "Wu was the deputy governor of PBOC. Now she's more like an economist and a think-tank supporting PBOC's policymaking. People still listen to what she has to say, but we should not "over-react" the importance of this speech." commented by LakeBTC CEO.

So that's the reason why the bitcoin price down after her speech without rising

http://cointelegraph.com/news/113113/pboc-ex-deputy-space-for-coexistence-of-digital-and-government-currency-in-china


You might want to edit your title.    "No"

add "Might"?  I'm sure its also not "YES"
legendary
Activity: 1106
Merit: 1000
The former deputy director of the People’s Bank of China has stated that virtual currency can exist in tandem with government-issued currency in a public speech.

Speaking at the Sanya Forum international finance event, Wu Xiaoling asserted that “private money in a digital form can coexist with government money” and that such a situation is “the norm in human society.”

[...]

Sounds great, but, "Wu was the deputy governor of PBOC. Now she's more like an economist and a think-tank supporting PBOC's policymaking. People still listen to what she has to say, but we should not "over-react" the importance of this speech." commented by LakeBTC CEO.

So that's the reason why the bitcoin price down after her speech without rising

http://cointelegraph.com/news/113113/pboc-ex-deputy-space-for-coexistence-of-digital-and-government-currency-in-china


You might want to edit your title.    "No"
full member
Activity: 236
Merit: 100
The former deputy director of the People’s Bank of China has stated that virtual currency can exist in tandem with government-issued currency in a public speech.

Speaking at the Sanya Forum international finance event, Wu Xiaoling asserted that “private money in a digital form can coexist with government money” and that such a situation is “the norm in human society.”

[...]

Sounds great, but, "Wu was the deputy governor of PBOC. Now she's more like an economist and a think-tank supporting PBOC's policymaking. People still listen to what she has to say, but we should not "over-react" the importance of this speech." commented by LakeBTC CEO.

So that's the reason why the bitcoin price down after her speech without rising

http://cointelegraph.com/news/113113/pboc-ex-deputy-space-for-coexistence-of-digital-and-government-currency-in-china
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